A stock has had the following prices at the end of each year for the last six year : $64.10, $74.05, $67.61, $76.25, $82.70 and $93.15. Over those same six years the dividends were $0.00, $1.10, $1.25, $1.45, $1.60, and $1.75. What is the arithmetic and geometric average return for this stock?

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter13: Direct Foreign Investment
Section: Chapter Questions
Problem 1IEE
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A stock has had the following prices at the end of each year for the last six year : $64.10, $74.05, $67.61, $76.25, $82.70 and $93.15. Over those same six years the dividends were $0.00, $1.10, $1.25, $1.45, $1.60, and $1.75. What is the arithmetic and geometric average return for this stock?

 

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