A stock had the following year-end prices and dividends: Year 0 1 2 3 Price $61.03 73.50 63.30 74.38 Multiple Choice What was the arithmetic average return for the stock? O9.23% O 18.11% Dividend 18.01% $ 1.33 1.71 1.68
A stock had the following year-end prices and dividends: Year 0 1 2 3 Price $61.03 73.50 63.30 74.38 Multiple Choice What was the arithmetic average return for the stock? O9.23% O 18.11% Dividend 18.01% $ 1.33 1.71 1.68
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
![nabled: Final
A stock had the following year-end prices and dividends:
Year
0
1
2
3
Price
$61.03
73.50
63.30
74.38
Multiple Choice
O
What was the arithmetic average return for the stock?
O 9.23%
O
18.11%
Dividend
18.01%
$ 1.33
1.71
1.68
Saved](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F19122459-4c3e-4ffe-b0bd-47f6ec5be5ee%2Ffd0ca757-e606-49b8-84f7-66f63ea3d895%2F8av52e_processed.jpeg&w=3840&q=75)
Transcribed Image Text:nabled: Final
A stock had the following year-end prices and dividends:
Year
0
1
2
3
Price
$61.03
73.50
63.30
74.38
Multiple Choice
O
What was the arithmetic average return for the stock?
O 9.23%
O
18.11%
Dividend
18.01%
$ 1.33
1.71
1.68
Saved
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