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A stock pays $0.2 dividend per share annually. An investor bought one share of stock at $2 at the beginning of last year. At the

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A stock pays $0.2 dividend per share annually. An investor bought one share of stock at $2 at the beginning of last year. At the end of last year, stock price became $2.4 and she bought another one share of stock. At the end of this year, she sold both shares at $3 per share. What is the time weighted geometric return? 35.26%30.22%31.66%38.01%

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