A stock has had the following year-end prices and dividends:
Year Price Dividend
1 $ 65.13 -
2 72.00 $ 0.76
3 77.80 0.81
4 64.07 0.87 5 74.71 0.96
6 87.75 1.03
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).)
Requirement 1. Arithmetic average return %
Requirement 2. Geometric average return %.