Need business and finance help with Stock Returns
A stock has had the following year-end prices and dividends: |
Year | ;Price | Dividend | |
1 | $43.55 | – | – |
2 | 48.53 | $.87 | |
3 | 57.45 | .90 | |
4 | 45.53 | .95 | |
5 | 52.45 | 1.00 | |
6 | 61.53 | 1.08 | |
What are the arithmetic and geometric returns for the stock? ;(Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) |
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