A stock has had the following year-end prices and dividends: Dividend Price $ 16.50 $ 0.15 0.35 Year 0 o -- mi 1 2 3 4 5 18.68 19.68 18.18 20.52 23.63 0.37 0.38 0.45 What are the arithmetic and geometric returns for the stock? Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.

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
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A stock has had the following year-end prices and dividends:
Year
0
1
2
3
4
5
Price
$16.50
18.68
19.68
18.18
20.52
23.63
Dividend
$ 0.15
0.35
0.37
0.38
0.45
What are the arithmetic and geometric returns for the stock?
Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.
Transcribed Image Text:A stock has had the following year-end prices and dividends: Year 0 1 2 3 4 5 Price $16.50 18.68 19.68 18.18 20.52 23.63 Dividend $ 0.15 0.35 0.37 0.38 0.45 What are the arithmetic and geometric returns for the stock? Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.
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