A stock has had the following year-end prices and dividends:   Year Price Dividend 1 $ 64.73   —   2 71.60   $ .68   3 77.40   .73   4 63.67   .79   5 73.91   .88   6 83.75   .95

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 2MAD
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A stock has had the following year-end prices and dividends:
 
Year Price Dividend
1 $ 64.73    
2 71.60   $ .68  
3 77.40   .73  
4 63.67   .79  
5 73.91   .88  
6 83.75   .95  
 
 
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.)
 

 

 

 

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