A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 64.43 — 2 71.30 $ .62 3 77.10 .67 4 63.37 .73 5 73.31 .82 6 80.75 .89 What are the arithmetic and geometric returns for the stock?
A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 64.43 — 2 71.30 $ .62 3 77.10 .67 4 63.37 .73 5 73.31 .82 6 80.75 .89 What are the arithmetic and geometric returns for the stock?
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
A stock has had the following year-end prices and dividends: |
Year | Price | Dividend | ||
1 | $ 64.43 | — | ||
2 | 71.30 | $ .62 | ||
3 | 77.10 | .67 | ||
4 | 63.37 | .73 | ||
5 | 73.31 | .82 | ||
6 | 80.75 | .89 | ||
What are the arithmetic and geometric returns for the stock? |
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