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Johnny Apple purchases a share of Stock B for $100. Stock B pays an annual dividend of $2.50. At the end of the first year

Johnny Apple purchases a share of Stock B for $100. Stock B pays an annual dividend of $2.50. At the end of the first year he owns it, Johnny purchases another share for $125. Stock B subsequently falls and Johnny decides to sell both shares of Stock B at the end of the second year since owning it at $105.

What was the time-weighted return of Johnny's investment in Stock B?

Group of answer choices

2.42%

6.18%

3.49%

6.75%

4.71%

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