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? (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 $ 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? (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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