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Jessica purchased one share of Walmart stock for $45. A year later, she received a dividend of $3 and purchased an additional share for $55.
Jessica purchased one share of Walmart stock for $45. A year later, she received a dividend of $3 and purchased an additional share for $55. At the end of the second year, Jessica sold her Walmart share for $65. If she didnt earn any dividend in the second year, what is her timed-weighted and dollar-weighted return over the two years?
(a) 24.71 and 20.45
(b) 21.45 and 30.45
(c) 24.71 and 21.74
(d) 24.54 and 12.45
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