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Need answer for C A manager buys three shares of stock today, and then sells one of those shares each year for the next 3
Need answer for C
A manager buys three shares of stock today, and then sells one of those shares each year for the next 3 years. His actions and the price history of the stock are summarized below. The stock pays no dividends. Time Price 0 $ 140 Action Buy 3 shares Sell 1 share. 1 150 2 150 Sell 1 share 2:43:47 3 150 Sell 1 share Required: wok a. Calculate the time-weighted geometric average return on this portfolio. (Do not round intermediate calculations. Round your answer to 2 decimal places.) int ences Geometric average return 2.33 % b. Calculate the time-weighted arithmetic average return on this portfolio. (Do not round intermediate calculations. Round your answer to 2 decimal places.) *** b. Calculate the time-weighted arithmetic average return on this portfolio. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Arithmetic average return 2.38 % c. Calculate the dollar-weighted average return on this portfolio. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Dollar-weighted average return % Next > Prev 1 of 3 # Step by Step Solution
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