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Check my work 1 A manager buys three shares of stock today, and then sells one of those shares each year for the next 3
Check my work 1 A manager buys three shares of stock today, and then sells one of those shares each year for the next 3 years. His actions and the price history of the stock are summarized below. The stock pays no dividends. 9 points Time 0 1 2 Price $ 90 110 110 110 Action Buy 3 shares Sell l share Sell l share Sell l share Skipped eBook a. Calculate the time weighted geometric average return on this portfolio. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Print References Geometric average return b. Calculate the time-weighted arithmetic average return on this portfolio. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Arithmetic average return c. Calculate the dollar-weighted average return on this portfolio. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Dollar-weighted average return %
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