A stock has had the following year-end prices and dividends:
|
Year
|
Price
|
Dividend
|
|
1
|
$45.32
|
-
|
|
2
|
$47.21
|
$1.50
|
|
3
|
$46.45
|
$1.40
|
|
4
|
$49.67
|
$1.70
|
|
5
|
$53.93
|
$2.00
|
|
6
|
$51.47
|
$1.90
|
What are the arithmetic and geometric returns for the stock? Please show your work/provide the complete solution to your answer.