finance-Over the past four years a stock had prices of $78.93, $83.17, $87.64, and $82.52.

QUESTION

Over the past four years a stock had prices of $78.93, $83.17, $87.64, and $82.52. The stock pays an annual dividend of $4.00 a share. What is the geometric average return on this stock?

 

ANSWER:

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