H5. A stock has had the following year-end prices and dividends: Year Price Dividend 1 $40 — 2 $55 $1.10 3 $60 $1.20 4 $70 $1.30 The geometric average return for the stock is ______%.   Group of answer choices   23.   45   20   28.   35   22.   86   33   .41 Show proper step by step calculation and explain with details

EBK CONTEMPORARY FINANCIAL MANAGEMENT
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ISBN:9781337514835
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Chapter2: The Domestic And International Financial Marketplace
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H5.

A stock has had the following year-end prices and dividends: Year Price Dividend 1 $40 — 2 $55 $1.10 3 $60 $1.20 4 $70 $1.30 The geometric average return for the stock is ______%.

 

Group of answer choices

 

23.

 

45

 

20

 

28.

 

35

 

22.

 

86

 

33

 

.41

Show proper step by step calculation and explain with details 

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