1. A stock has had the following year-end prices and dividends: Price ($) Dividend ($) Year 1 2 3 4 5 6 93.75 94.42 95.5 93.24 94.65 97.9 1.38 1.36 1.72 1.76 1.95 What is the geometric average return for the stock? Answer as a percentage to two decimals ( you get -0.0435, you should answer-4.35).
1. A stock has had the following year-end prices and dividends: Price ($) Dividend ($) Year 1 2 3 4 5 6 93.75 94.42 95.5 93.24 94.65 97.9 1.38 1.36 1.72 1.76 1.95 What is the geometric average return for the stock? Answer as a percentage to two decimals ( you get -0.0435, you should answer-4.35).
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 2MAD
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Bhupatbhai
![1. A stock has had the following year-end prices and dividends:
Dividend ($)
Year
1
2
3
4
5
6
Price ($)
93.75
94.42
95.5
93.24
94.65
97.9
1.38
1.36
1.72
1.76
1.95
What is the geometric average return for the stock? Answer as a percentage to two decimals (if
you get -0.0435, you should answer-4.35).](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F03fe552c-4b52-4922-ab40-495940abd172%2Fe66eb1ab-8891-4e23-8e8e-b06e700b81e7%2Ffx7w2v_processed.jpeg&w=3840&q=75)
Transcribed Image Text:1. A stock has had the following year-end prices and dividends:
Dividend ($)
Year
1
2
3
4
5
6
Price ($)
93.75
94.42
95.5
93.24
94.65
97.9
1.38
1.36
1.72
1.76
1.95
What is the geometric average return for the stock? Answer as a percentage to two decimals (if
you get -0.0435, you should answer-4.35).
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