A stock has had the following year-end prices and dividends: Year Price Dividend 1 $43.45 48.43 $0.72 57.35 0.75 45.43 0.80 52.35 61.43 0.85 0.93 What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Round the final answers to 2 decimal places.) 123456 Arithmetic return Geometric return

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
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A stock has had the following year-end prices and dividends:
Year Price Dividend
1 $43.45
48.43
$0.72
57.35
0.75
45.43
0.80
52.35
61.43
0.85
0.93
What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Round the final answers to 2
decimal places.)
123456
Arithmetic return
Geometric return
Transcribed Image Text:A stock has had the following year-end prices and dividends: Year Price Dividend 1 $43.45 48.43 $0.72 57.35 0.75 45.43 0.80 52.35 61.43 0.85 0.93 What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Round the final answers to 2 decimal places.) 123456 Arithmetic return Geometric return
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