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A stock has had the following year-end prices and dividends: Year 123456 Price $ 64.78 Dividend 71.65 $ .69 77.45 .74 63.72 .80 74.01 .89 84.25 .96 90 ces What are the arithmetic and geometric returns for the stock? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., Arithmetic average return Geometric average return % %

A stock has had the following year-end prices and dividends: Year 123456 Price $ 64.78 Dividend 71.65 $ .69 77.45 .74 63.72 .80 74.01 .89 84.25 .96 90 ces What are the arithmetic and geometric returns for the stock? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., Arithmetic average return Geometric average return % %

Essentials Of Investments
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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A stock has had the following year-end prices and dividends: Year 123456 Price $ 64.78 Dividend 71.65 $ .69 77.45 .74 63.72 .80 74.01 .89 84.25 .96 90 ces What are the arithmetic and geometric returns for the stock? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., Arithmetic average return Geometric average return % %
Transcribed Image Text:A stock has had the following year-end prices and dividends: Year 123456 Price $ 64.78 Dividend 71.65 $ .69 77.45 .74 63.72 .80 74.01 .89 84.25 .96 90 ces What are the arithmetic and geometric returns for the stock? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., Arithmetic average return Geometric average return % %
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