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13/16 HELP! I HAVE A TIMED ASSIGNMENT. THERE ARE OTHER QUESTIONS POSTED. THANK YOU! Sheldon buys three shares of Bazinga Business Fund stock today, and
13/16 HELP! I HAVE A TIMED ASSIGNMENT. THERE ARE OTHER QUESTIONS POSTED. THANK YOU!
Sheldon buys three shares of Bazinga Business Fund stock today, and then sells one of those shares each year for the next 3 years. The price history of Bazinga Business Fund, which pays no dividends, is summarized below: Time Price Action $ 180 Buy 3 shares 200 Sell 1 share 200 Sell 1 share 200 Sell 1 share WNO a. What is the time-weighted geometric average return on Sheldon's portfolio of Bazinga Business stock? (Do not round intermediat calculations. Round your answer to 2 decimal places.) Geometric average return % 5. What is the dollar-weighted average return on his portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Dollar-weighted average return %Step by Step Solution
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