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on 5 (8 points You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no

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on 5 (8 points You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends Beginning Shares or Year Bought or Year Price Sold 2014 $50.00 bought 2015 $55.00 50 bought 2016 $51.00 75 sold 2017 $54.00 75 sola 100 What is the dollar-weighted return over the entire time period? 1) 2.87% 2) 2.6% 3).74% 4) 2.21%

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