Question
The following table shows share price and dividend data for a company from 2016 to 2019. Year Share price at the end of the year
The following table shows share price and dividend data for a company from 2016 to 2019.
Year | Share price at the end of the year ($) | Dividend at the end of the year ($) |
2016 | 100 | 4 |
2017 | 105 | 5 |
2018 | 99 | 3 |
2019 | 101 | 2 |
An investor purchased three shares at the end of 2016, another two shares at the end of 2017, sold one share at the end of 2018 and sold all remaining shares at the end of 2019. Using the above information, calculate
Arithmetic average return
Geometric average return
Dollar-weighted return
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Step 12 Find the Arithmetic average return Geometric average return Dollarweighted return Excel Year 2016 2017 2018 2019 Arithmetic ave rage return Geometric ave rage return Dollarweighte ...Get Instant Access to Expert-Tailored Solutions
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College Accounting
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
11th edition
978-1111528300, 1111528128, 1111528306, 978-1111528126
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