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An investor buys three shares of XYZ at the beginning of 2018, burys another one shares at the beginning of 2019 , sells one share

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An investor buys three shares of XYZ at the beginning of 2018, burys another one shares at the beginning of 2019 , sells one share at the beginning of 2020 , and sells all three remaining shares at the beginning of 2021 . Required: a. What are the arithmetic and geometric average time-weighted rates of return for the investor? (Do not round intermediate calculations. Round your answers to 2 decimal places.) b-1. Prepare a chart of cash flows for the four dates corresponding to the turns of the year for January 1, 2018, to January 1,2021. (Negative amounts should be indicated by a minus sign.) b-2. What is the dollar-weighted rate of return? (Hint: If your calculator cannot calculate internal rate of return. you will have to use a spreadsheet or trial and error.) (Negative value should be indicated by a minus sign. Round your answer to 4 decimal places.) An investor buys three shares of XYZ at the beginning of 2018, burys another one shares at the beginning of 2019 , sells one share at the beginning of 2020 , and sells all three remaining shares at the beginning of 2021 . Required: a. What are the arithmetic and geometric average time-weighted rates of return for the investor? (Do not round intermediate calculations. Round your answers to 2 decimal places.) b-1. Prepare a chart of cash flows for the four dates corresponding to the turns of the year for January 1, 2018, to January 1,2021. (Negative amounts should be indicated by a minus sign.) b-2. What is the dollar-weighted rate of return? (Hint: If your calculator cannot calculate internal rate of return. you will have to use a spreadsheet or trial and error.) (Negative value should be indicated by a minus sign. Round your answer to 4 decimal places.)

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