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Over the Past Four Years a Stock Had Prices of $12.78

Question 7

Multiple Choice

Over the past four years a stock had prices of $12.78, $13.34, $16.30, and $15.40, respectively. The stock pays an annual dividend of $.50 a share. What is the geometric average return on this stock?


A) 9.87 percent
B) 9.98 percent
C) 9.33 percent
D) 10.91 percent
E) 9.48 percent

Correct Answer:

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