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Question Jessica purchased 100 shares of XYZ for $50 a share, on January 1, 2020. On January 1st of 2021 XYZ costs per share $48.00,

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Question Jessica purchased 100 shares of XYZ for $50 a share, on January 1, 2020. On January 1st of 2021 XYZ costs per share $48.00, and Jessica purchases 200 more shares of XYZ at that price. On January 1st of 2022 Jessica sells all shares of XYZ for $53 per share. Each year XYZ pays dividends of 3.00 per share. Compute two-year time weighted rate of return. 12.12% 9.10% 5.95% 6,35%

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