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1 st 31st mondo invested in shares of Egg Limited on diverse date as follows January 2016 - He purchase 100 shares at Ksh 50

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1 st 31st mondo invested in shares of Egg Limited on diverse date as follows January 2016 - He purchase 100 shares at Ksh 50 each December 2016 -He received a dividend of Ksh 4 per share. 1st January 2017 He purchased additional 40 shares at Ksh 60 each December 2017 - He received a dividend of Ksh 5 per shares. January 2018- Egg's share were trading at 75 each. Mr Kamondo did not buy any shares December 2018 - After receiving a divided of Ksh 8 per shares he sold all shares at Ksh 64. The closing price of share at end of the year was the opening price at following year 31st 1st 3157 Required: Compute time weighted return on Kamondo investment 10 marks

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