A stock has had the following year-end prices and dividends: Year 123456 Price $ 64.43 Dividend 71.30 $ .62 77.10 .67 63.37 .73 73.31 .82 80.75 .89 What are the arithmetic and geometric returns for the stock?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
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A stock has had the following year-end prices and dividends:
Year
1
Price
$ 64.43
Dividend
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?
Transcribed Image Text:A stock has had the following year-end prices and dividends: Year 1 Price $ 64.43 Dividend 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?
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