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What is the arithmetic average return for this stock

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Reference no: EM133104001

Question - A stock has had the following year-end prices and dividends:

Year

Price

Dividend

0

$21.09

---

1

20.1

$0.79

2

22.64

0.94

3

22.77

0.57

4

21.09

0.72

Required - What is the arithmetic average return for this stock (in percent).

Reference no: EM133104001

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