a: 2.87%

b: .74%

c: 2.6%

d: 2.21%

You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends. Year 2014 2015 2016 2017 Beginning of Year Price $50.00 $55.00 $51.00 $54.00 # of Shares Bought or Sold 100 bought 50 bought 75 sold 75 sold What is the dollar-weighted return over the entire time period