Question

A stock was trading at $22.75 at the end of year 1. It was trading at...

A stock was trading at $22.75 at the end of year 1. It was trading at the end of year 2 at $23.08 immediately after giving a dividend of $0.36. At the end of year 3. it was trading at $22.44 immediately after giving a dividend of $0.38. Finally, it was trading at $24.26 at the end of year 4 without giving out any dividend. What was the geometric average annual return of this stock for the three years between years 1 and 4?

Question 21 options:

2.94%

3.02%

3.11%

3.19%

3.27%

Homework Answers

Answer #1

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A stock was trading at $22.45 at the end of year 1. It was trading at...
A stock was trading at $22.45 at the end of year 1. It was trading at the end of year 2 at $22.78 immediately after giving a dividend of $0.34. At the end of year 3. it was trading at $22.14 immediately after giving a dividend of $0.36. Finally, it was trading at $23.96 at the end of year 4 without giving out any dividend. What was the geometric average annual return of this stock for the three years between...
A stock was trading at $22.90 at the end of year 1. It was trading at...
A stock was trading at $22.90 at the end of year 1. It was trading at the end of year 2 at $23.23 immediately after giving a dividend of $0.37. At the end of year 3. it was trading at $22.59 immediately after giving a dividend of $0.39. Finally, it was trading at $24.41 at the end of year 4 without giving out any dividend. What was the geometric average annual return of this stock for the three years between...
A stock was trading at $20.65 at the end of year 1. It was trading at...
A stock was trading at $20.65 at the end of year 1. It was trading at the end of year 2 at $20.98 immediately after giving a dividend of $0.22. At the end of year 3. it was trading at $20.34 immediately after giving a dividend of $0.24. Finally, it was trading at $22.16 at the end of year 4 without giving out any dividend. What was the geometric average annual return of this stock for the three years between...
A stock was trading at $20.50 at the end of year 1. It was trading at...
A stock was trading at $20.50 at the end of year 1. It was trading at the end of year 2 at $20.83 immediately after giving a dividend of $0.21. At the end of year 3. it was trading at $20.19 immediately after giving a dividend of $0.23. Finally, it was trading at $22.01 at the end of year 4 without giving out any dividend. What was the geometric average annual return of this stock for the three years between...
A stock was trading at $23.20 at the end of year 1. It was trading at...
A stock was trading at $23.20 at the end of year 1. It was trading at the end of year 2 at $23.53 immediately after giving a dividend of $0.39. At the end of year 3. it was trading at $22.89 immediately after giving a dividend of $0.41. Finally, it was trading at $24.71 at the end of year 4 without giving out any dividend. What was the geometric average annual return of this stock for the three years between...
A stock was trading at $21.55 at the end of year 1. It was trading at...
A stock was trading at $21.55 at the end of year 1. It was trading at the end of year 2 at $21.88 immediately after giving a dividend of $0.28. At the end of year 3. it was trading at $21.24 immediately after giving a dividend of $0.30. Finally, it was trading at $23.06 at the end of year 4 without giving out any dividend. What was the geometric average annual return of this stock for the three years between...
A stock was trading at $23.20 at the end of year 1. It was trading at...
A stock was trading at $23.20 at the end of year 1. It was trading at the end of year 2 at $23.53 immediately after giving a dividend of $0.39. At the end of year 3. it was trading at $22.89 immediately after giving a dividend of $0.41. Finally, it was trading at $24.71 at the end of year 4 without giving out any dividend. What was the geometric average annual return of this stock for the three years between...
A stock was trading at $20.95 at the end of year 1. It was trading at...
A stock was trading at $20.95 at the end of year 1. It was trading at the end of year 2 at $21.28 immediately after giving a dividend of $0.24. At the end of year 3. it was trading at $20.64 immediately after giving a dividend of $0.26. Finally, it was trading at $22.46 at the end of year 4 without giving out any dividend. What was the geometric average annual return of this stock for the three years between...
A stock was trading at $116.30 at the end of year 1. It was trading at...
A stock was trading at $116.30 at the end of year 1. It was trading at the end of year 2 at $109.60 immediately after giving a dividend of $3.40. At the end of year 3. it was trading at $119.80 immediately after giving a dividend of $3.60. Finally, it was trading at $129.90 at the end of year 4 without giving out any dividend. What was the arithmetic average annual return of this stock for the three years between...
A stock was trading at $118.50 at the end of year 1. It was trading at...
A stock was trading at $118.50 at the end of year 1. It was trading at the end of year 2 at $111.80 immediately after giving a dividend of $3.80. At the end of year 3. it was trading at $122.00 immediately after giving a dividend of $4.00. Finally, it was trading at $132.10 at the end of year 4 without giving out any dividend. What was the arithmetic average annual return of this stock for the three years between...