2. Below are the month-end closing prices for PepsiCo, Inc. stock (NASDAQ:PEP). Date Dec 31 '20 Jan 29 '21 Feb 26 '21 Mar 31 '21 Apr 30 '21 May 31 '21 Jun 30'21 Jul 30 '21 Aug 31 21 Sep 30 '21 P 148.30 136.57 129.19 141.45 144.16 147.94 148.17 156.95 156.39 150.41 Assume that you make the following transactions in PEP stock: . Jan 1 21 you purchase 1,250 shares Apr 1 '21 you purchase an additional 500 shares May 1 21 you purchase an additional 250 shares Jul 1 21 you sell 300 shares Aug 1 21 you sell 1,000 shares Sep 30 21 you liquidate your remaining PEP stock . . . a. What is your annualized money-weighted return? b. What is your annualized time-weighted return? 2. Below are the month-end closing prices for PepsiCo, Inc. stock (NASDAQ:PEP). Date Dec 31 '20 Jan 29 '21 Feb 26 '21 Mar 31 '21 Apr 30 '21 May 31 '21 Jun 30'21 Jul 30 '21 Aug 31 21 Sep 30 '21 P 148.30 136.57 129.19 141.45 144.16 147.94 148.17 156.95 156.39 150.41 Assume that you make the following transactions in PEP stock: . Jan 1 21 you purchase 1,250 shares Apr 1 '21 you purchase an additional 500 shares May 1 21 you purchase an additional 250 shares Jul 1 21 you sell 300 shares Aug 1 21 you sell 1,000 shares Sep 30 21 you liquidate your remaining PEP stock . . . a. What is your annualized money-weighted return? b. What is your annualized time-weighted return