A stock has had the following year-end prices and dividends: Year Price Dividend $ 64.33 71.20 1 2 $.60 77.00 .65 63.27 71 73.11 .80 79.75 .87 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 % 96
A stock has had the following year-end prices and dividends: Year Price Dividend $ 64.33 71.20 1 2 $.60 77.00 .65 63.27 71 73.11 .80 79.75 .87 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 % 96
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:
9.
Year
Price
Dividend
$ 64.33
71.20
$.60
3.
77.00
65
4
63.27
71
00:47:59
73.11
.80
79.75
.87
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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Return means earning additional investment amount during the period. Return can be in the form of regular income or capital gain.
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