The annual dividend is constant at 20 a share what is the


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. 2.48%

b. 2.52%

c. 3.27%

d. 2.56%

e. 3.31%

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Financial Management: The annual dividend is constant at 20 a share what is the
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