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PLEASE ANSWER CORRECTLY THE LAST PERSON WHO ANSWERED GAVE ME THE INCORRECT ANSWER ANSWER ALL OF B AND EXPLAIN IN DETAIL THE MATH SO I
PLEASE ANSWER CORRECTLY THE LAST PERSON WHO ANSWERED GAVE ME THE INCORRECT ANSWER
ANSWER ALL OF B AND EXPLAIN IN DETAIL THE MATH SO I CAN CHECK IT OUT MYSELF
NOTE: THE SCREENSHOT BELOW IS WHAT I GOT FROM A CHEGG USER WHO ANSWERED MY QUESTION
WHICH IS INCORRECT I KNOW THAT ITS NOT 24% but 0.24%. THAT WAS ALSO INCORRECT I NEED 4 DECIMALS TO BE MORE ACCURATE.
XYZ stock price and dividend history are as follows: An investor buys six shares of XYZ at the beginning of 2018 , buys another three shares at the beginning of 2019 , sells one share at the beginning of 2020 , and sells all eight remaining shares at the beginning of 2021 . Required: a. What are the arithmetic and geometric average time-weighted rates of return for the investor? (Do not round intermediate calculations. Round your answers to 2 decimal places.) b Prepare a chart of cash flows for the four dates corresponding to the turns of the year for January 1,2018 , to January 1,2021. (Negative amounts should be indicated by a minus sign.) Answer is complete but not entirely correct. b What is the dollar-weighted rate of return? (Hint: If your calculator cannot calculate internal rate of return, you will have to use a spreadsheet or trial and error.) (Negative value should be indicated by a minus sign. Round your answer to 4 decimal places.) Answer is complete but not entirely correct. Anonymous answered this Was this answer helpful
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