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A Stock Was Priced at $23

Question 34

Multiple Choice

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

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