A stock has had the following year-end prices and dividends: |
Year | Price | Dividend | |||||
1 | $ | 43.49 | - | ||||
2 | 48.47 | $ | .78 | ||||
3 | 57.39 | .81 | |||||
4 | 45.47 | .90 | |||||
5 | 52.39 | .95 | |||||
6 | 61.47 | 1.03 | |||||
What are the arithmetic and geometric average 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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