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Foxy Ladies Investment Club The Foxy Ladica Investment Club purchased 100 shares of common stock cach in Coca-Cola, Intel, and Merck on January 02, 2010.

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Foxy Ladies Investment Club The Foxy Ladica Investment Club purchased 100 shares of common stock cach in Coca-Cola, Intel, and Merck on January 02, 2010. A summary of their portfolio is given below: Investment 1/2/10 12/31/10 12/31/11 12/31/12 Coca-Cola $ 7,500.00 $5,262,50 $6,668.75 $ 6,700.00 Intel 5,862,50 13,093.75 7,025.00 11,856.25 Merck 6.425.00 7.962.50 10,500.00 14.750,00 Portfolio value $19,787,50 $26,318.75 $24,293.75 $33,306.26 Dividends per share 12/31/10 12/31/11 12/31/12 Coca-Cola $0.60 $0.56 $0.61 Intel 0.00 0.00 0.00 Merck 148 1.74 1.98 Total per share $208 $2.30 $2.59 Refer to Foxy Ladies Investment Club. What was the portfolio's simple arithmeti average return per year from 2010 through 2012? 08.20.0% 1.21.8% SC 68.3% d. 18.9% e Not enough information is given to compute the simple arithmetic average reum

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