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7. Total 10% Marks: An investor purchases one share of stock for $85. Exactly one year later, the company pays a dividend of $2.00 per

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7. Total 10% Marks: An investor purchases one share of stock for $85. Exactly one year later, the company pays a dividend of $2.00 per share. This is followed by two more annual dividends of $2.25 and $2.75 in successive years. Upon receiving the third dividend, the investor sells the share for $100. Compute the money-weighted rate of return (MWR) on this investment

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