An investor buys three shares of Chico Pop at the beginning of 2014, buys another two shares at the beginning of 2015, sells one share at the beginning of 2016, and sells all four remaining shares at the beginning of 2017. What is the dollar-weighted average return for this investor?

Chico Pop Co. stock price and dividend history are as follows: Year Beginning of year price Dividend paid at year end 2014 $100 $2 2015 $110 $3 2016 $90 $4 2017 $95 S5 An investor buys three shares of Chico Pop at the beginning of 2014, buys another two shares at the beginning of 2015, sells one share at the beginning of 2016, and sells all four remaining shares at the beginning of 2017. What is the dollar-weighted average return for this investor? 0 1.3796 0 2.1896 -1.0796 0 -296