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An investor purchases a stock for $200 today. In one year the orice of the stock has increased to $220 and the firm paid $5
An investor purchases a stock for $200 today. In one year the orice of the stock has increased to $220 and the firm paid $5 in dividend. The investor purchases 2 more shares. After receiving $5 in dividend in the seocnd year for each stock, the investor then sells all three stocks for $226 each. The dollar weighted returns of the investment is what?
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