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A stock has had the following year-end prices and dividends: Year Price Dividend $ 1 43.27 23456 2 48.25 $.45 3 57.17 .48 45.25 .60 5 52.17 .65 6 61.25 73 What are the arithmetic and geometric average returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Arithmetic average return Geometric average return 9.56 % %

A stock has had the following year-end prices and dividends: Year Price Dividend $ 1 43.27 23456 2 48.25 $.45 3 57.17 .48 45.25 .60 5 52.17 .65 6 61.25 73 What are the arithmetic and geometric average returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Arithmetic average return Geometric average return 9.56 % %

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
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A stock has had the following year-end prices and dividends: Year Price Dividend $ 1 43.27 23456 48.25 $.45 57.17 .48 45.25 .60 52.17 .65 6 61.25 .73 What are the arithmetic and geometric average returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Arithmetic average return Geometric average return 9.56 % %
Transcribed Image Text:A stock has had the following year-end prices and dividends: Year Price Dividend $ 1 43.27 23456 48.25 $.45 57.17 .48 45.25 .60 52.17 .65 6 61.25 .73 What are the arithmetic and geometric average returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Arithmetic average return Geometric average return 9.56 % %
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