A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 64.93 — 2…
| A stock has had the following year-end prices and dividends: |
| Year | Price | Dividend | ||
| 1 | $ 64.93 | — | ||
| 2 | 71.80 | $ 0.72 | ||
| 3 | 77.60 | 0.77 | ||
| 4 | 63.87 | 0.83 | ||
| 5 | 74.31 | 0.92 | ||
| 6 | 85.75 | 0.99 | ||
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| Required: |
| What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Enter your answers as a percentage rounded to 2 decimal places (e.g., 32.16).) |
| Arithmetic average return | % | |
| Geometric average return | %
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