Multiple Choice
The price of a stock for Years 1 through 4 was $23.19,$24.00,$23.18,and $24.86,respectively.The stock paid dividends per share of $.23,$.24,and $.25 for Years 2 through 4,respectively.What is the geometric average rate of return for the period?
A) 3.2%
B) 3.4%
C) 3.6%
D) 3.8%
E) 4.0%
Correct Answer:
Verified
Correct Answer:
Verified
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