A stock was priced at $23.08,$24.15,$23.99,and $24.26 at end of Years 1 to 4,respectively.The annual dividend is constant at $.20 a share.What is the geometric average return on this stock?
A)3.27 percent
B)2.52 percent
C)2.56 percent
D)2.48 percent
E)2.54 percent

Question

Quizplus · Accepted Answer

The Answer of A stock was priced at $23.08,$24.15,$23.99,and $24.26 at end of Years 1 to 4,respectively.The annual dividend is constant at $.20 a share.What is the geometric average return on this stock?
A)3.27 percent
B)2.52 percent
C)2.56 percent
D)2.48 percent
E)2.54 percent

A Stock Was Priced at $23