(Calculating the geometric and arithmetic average rate of? return)??The common stock of the Brangus Cattle Company...

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(Calculating the geometric and arithmetic average rate of?return)??The common stock of the Brangus Cattle Company had thefollowing? end-of-year stock prices over the last five years andpaid no cash? dividends:
Time
Brangus cattle Comapny
1
?$1313
2
99
3
1111
4
2323
5
2929
a.??Calculate the annual rate of return for each year from theabove information.
b.??What is the arithmetic average rate of return earned byinvesting in Brangus Cattle? Company's stock over this? period?
c.??What is the geometric average rate of return earned byinvesting in Brangus Cattle? Company's stock over this? period?
d.??Which type of average rate of return best describes theaverage annual rate of return earned over the period? (thearithmetic or? geometric)? ? Why?
a.??The annual rate of return at the end of year 2 is
nothing?%.
?(Round to two decimal? places.)

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(Calculating the geometric and arithmetic average rate of?return)??The common stock of the Brangus Cattle Company had thefollowing? end-of-year stock prices over the last five years andpaid no cash? dividends:TimeBrangus cattle Comapny1?$1313299311114232352929a.??Calculate the annual rate of return for each year from theabove information.b.??What is the arithmetic average rate of return earned byinvesting in Brangus Cattle? Company's stock over this? period?c.??What is the geometric average rate of return earned byinvesting in Brangus Cattle? Company's stock over this? period?d.??Which type of average rate of return best describes theaverage annual rate of return earned over the period? (thearithmetic or? geometric)? ? Why?a.??The annual rate of return at the end of year 2 isnothing?%.?(Round to two decimal? places.)