A stock has had the following year-end prices and dividends: Year Price $65.03 123456 71.90 77.70 63.97 74.51 86.75 Dividend $.74 .79 .85 .94 1.01 What are the arithmetic and geometric returns for the stock? (Do not round

A stock has had the following year-end prices and dividends: Year Price $65.03 123456 71.90 77.70 63.97 74.51 86.75 Dividend $.74 .79 .85 .94 1.01 What are the arithmetic and geometric returns for the stock? (Do not round

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 2MAD

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Question

A stock has had the following year-end prices and dividends:
Year Price
1
$65.03
23456
71.90
77.70
63.97
74.51
86.75
Dividend
-
$.74
.79
.85
.94
1.01
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
%
%

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