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Jackina buys 180 shares of ABM on January 1, 2018, at $18.30 per share. A dividend of $1.5 per share is paid on January 1,
Jackina buys 180 shares of ABM on January 1, 2018, at $18.30 per share. A dividend of $1.5 per share is paid on January 1, 2019. Assume that this dividend was reinvested. Also, on January 1, 2019, Laura sells 100 shares at a price of $23.5 per share. On January 1, 2020, she collects a dividend of $2.3 per share (and sells her remaining shares at $26 per share. Compute Jackinas time-weighted return. Don't round intermediate calculations. Round your final answer in 3 decimals.
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