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5. Total 10% Marks: Undertakings of an Investor within a specified period: Jan.1, 20X1: buys 200 shares XYZ for $135 per share. Jan.1, 20X2: receives
5. Total 10% Marks: Undertakings of an Investor within a specified period: Jan.1, 20X1: buys 200 shares XYZ for $135 per share. Jan.1, 20X2: receives dividend of $13 per share, sells 100 shares for $155 per share, does not reinvest dividends. Jan.1, 20X3: receives dividend of $14 per share and share price is $162. What is the investor's annual time-weighted return
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