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%

---

Definitions:

Implementation Justification

The rationale and reasoning provided for proceeding with a particular project or strategy, highlighting the anticipated benefits and outcomes.

Multinational

A corporation that operates and has assets in more than one country, often managing production or delivering services in various international markets.

Domestic

Pertains to something that is within, originates from, or is related specifically to a country's internal affairs.

Global

Pertaining to or involving the entire world, often in context of business operations, concerns, or impacts that are worldwide in scope.