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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Based on the given information, what is the geometric average return on this stock? Please show all the calculations by which you came up with the final answer.
Transcribed Image Text:Year | Share Price Dividend Per Share
1
10.57
2
11.50
0.20
3
9.60
0.25
4
12.09
0.30
11.59
0.35
8.98
0.40
7
10.85
0.45
8
11.44
0.50
6.88
0.55
10
8.99
0.60
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