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
Related questions
Question
How can I calculate geometric average in Excel?
![A stock has had the following year-end prices and dividends:
Year
Price
Dividend
$ 64.23
71.10
$.58
76.90
.63
63.17
.69
72.91
.78
78.75
.85
What are the arithmetic and geometric 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
%
123 4 56](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1db51a50-99ce-4b9c-a754-d86e49961144%2F96e3a815-74ad-4ec1-928b-1d22143aa105%2Fhgz7mx8_processed.png&w=3840&q=75)
Transcribed Image Text:A stock has had the following year-end prices and dividends:
Year
Price
Dividend
$ 64.23
71.10
$.58
76.90
.63
63.17
.69
72.91
.78
78.75
.85
What are the arithmetic and geometric 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
%
123 4 56
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