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Now it is end of year 2 0 2 7 , This morning, Ron was reviewing his investment statements, he showed the following information to

Now it is end of year 2027, This morning, Ron was reviewing his investment statements, he showed the following information to his dad and asked him to help with some calculations. (Please ignore any fund expenses info. in solving this question)
\table[[Year,Beginning balance,Ending balance,\table[[Dividends],[per share]]],[No. Shares,Share price,No. Shares,Share price],[2024,20,000,15,20,000,16,0.50],[2025,20,625,16,20,625,13.75,0.60],[2026,21,525,13.75,21,525,17,0.632],[2027,22,325,17,22,325,18,0.80]]
(please notice that the dividends received at the end of each year have been used to purchase new shares at the beginning of the following year)
what is the HPR for Ron in 2024?
a)6.67%
b)10%
c)6.25%
d)8.9%
What is the HPR of Ron during his entire investment horizon 2024-end of 2027(Please notice that Ron has been reinvesting his entire proceeds from dividends during years 2015,2016, and 2017 in the fund once they are received)?
a)28%
b)41.4%
c)39.9%
d)59.3%
What is the arithmetic average annual return of Ron during the whole investment period?
a)8.54%
b)5.53%
c)6.52%
d)9.63%
What is the Geometric average annual return of Ron during the whole investment period?
a)2.8%
b)8.76%
c)-8.77%
d)8.52%
What is the dollar weighted average return of Ron during the whole investment period?
a)7.58%
b)8.76%
c)10.38%
d)11.53%
Assuming that the dollar-weighted return is Ron's nominal rate of return, what is Ron's real rate of return if the annual rate of inflation during the investment period is 3%?
a)5.59%
b)11.76%
c)10.76%
d)1.92%
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