Problem 10-21 Arithmetic and Geometric Returns [LO 1]
A stock has had the following year-end prices and dividends:
Year Price Dividend
1 $ 64.98 — 2 71.85 $ .73 3 77.65 .78 4 63.92 .84 5 74.41 .93 6 86.25 1.00 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.)
