Question
Assume the that over the past couple of years your investment into a stock that pays no dividends was as follows: Year Starting price
Assume the that over the past couple of years your investment into a stock that pays no dividends was as follows: Year Starting price Shares bought/sold 2010 49.7 50 bought 2011 55.3 100 bought 2012 50.5 150 sold What is your dollar-weighted annual return for over this period for this investment? Enter answer in percents, to two decimal places. Bonus exploratory question: how does this compare to the average annual return, or the geometric average annual return?
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As of 2010 Number of shares bought 50 Share price 499 cash flow 499 50 2495 As of 20...Get Instant Access to Expert-Tailored Solutions
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
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