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Mr Kamondo invested in shares of Egg Limited on diverse date as follows 1st January 2016 - Purchase 2 share of Egg Co. at Ksh
Mr Kamondo invested in shares of Egg Limited on diverse date as follows 1st January 2016 - Purchase 2 share of Egg Co. at Ksh 50 each 31st December 2016 - received a dividend of Ksh 4 per share. Shares closed at Ksh 56 1st January 2017 - purchased additional 4 shares at Ksh 56 each 31st December 2017 - received a dividend of Ksh 5 per shares. Shares closed the year at Ksh 60 31st December 2018 - no additional shares were acquired during the year, a dividend of Ksh 5 per share was received and all shares were sold at Ksh 64 each. Required: Compute time weighted return on investment 10 marks
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