The Price of a Stock for Years 1 Through 4

question 82

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%

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Definitions:

Antibrand Community

A group of consumers unified by their shared disdain or opposition to a particular brand or product.

Hate Community

A group of individuals who come together on social media or online platforms based on shared dislike or hatred towards a particular concept, individual, or group.

Negative Reference Group

A group an individual does not want to be associated with or emulate, affecting their behavior or choices.

Norms

Shared guidelines or rules within a group that dictate appropriate and expected behavior among members.