A stock has had the following year-end prices and dividends:   Year Price Dividend 1 $ 65.13   —   2 72.00   $ .76   3 77.80   .81   4 64.07   .87   5 74.71   .96   6 87.75   1.03       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.)

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
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A stock has had the following year-end prices and dividends:
 
Year Price Dividend
1 $ 65.13    
2 72.00   $ .76  
3 77.80   .81  
4 64.07   .87  
5 74.71   .96  
6 87.75   1.03  
 
 
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.)
 
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9781337912020
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