David Smith purchases one share of the stock for $100. One year later, the stock price is $110 and it pays a dividend $5 per share. He decides to purchase another share at $110. At the end of the second year, the stock pays a dividend $5 per share but the price has fallen to $100. David decides to sell his entire holdings of this stock. Calculate the time-weighted returns and money-weighted returns for Davids investment separately.

		5.225% and 4.6% separately.
		4.77% and 3.5% separately.
		15% and -4.55% separately.
		4.77% and 1.63% separately.