Arithmetic and Geometric Returns A stock has had the following year-end prices and dividends:
Year | Price | Dividend |
1 | $49.62 | – |
2 | 55.83 | $.68 |
3 | 57.03 | .73 |
4 | 50.25 | .84 |
5 | 53.82 | .91 |
6 | 64.18 | 1.02 |
What are the arithmetic and geometric returns for the stock?
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