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Shares of ABC company pay a N$6 dividend at the end of every year (i.e. 31st December). An investor buys two shares of the stock
Shares of ABC company pay a N$6 dividend at the end of every year (i.e. 31st December). An investor buys two shares of the stock on period 0 at price N$25 each, sells one of those shares for N$50 a year later and sells the second share an additional year later for N$25. Find the time weighted rate of return of this 2-year investment.
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