A company makes a $50 million investment.At the end of the first 3 quarters, they withdrawal $5 million.Using the information below, answer the following questions:

Year End of year Price Dividend paid at the end of year

2014 $60.00 1.00

2015 $65.00 1.10

2016 $72.00 1.25

2017 $75.00 1.25

2018 $68.00 1.30

2019 $75.00 1.30

A. Compute the simple Holding Period Return (HPR)

B. Compute the annual time-weighted return

C. Compute the annual dollar-weighted return