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Mike purchased two shares of stock X for $25 each. Next year he received a dividend of $2.50 from each stock and purchased another two
Mike purchased two shares of stock X for $25 each. Next year he received a dividend of $2.50 from each stock and purchased another two shares of stock X for $41 each. In second year, Mike sold all shares for $43 each before receiving dividends. Calculate his time-weighted return
36.2% | ||
51.9% | ||
72.0% | ||
30.3% |
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