Suppose Kashweka purchases 100 shares of ZB on 1 January at K50 per share. ZB pays K2.30 annual dividend per share on 15 March, when the stock is trading at K55 . On 23 February 2001 , ZB splits its stock in a three for two ratio effective on 30 May, when the stock is trading at K60. If ZB closes on 31 December at K35 per share What would Kashwekas rate of return be using the linking method?

Date	Dividend per share ($)	Market price when dividend is received ($)
1 January		100
15 February	2	80
15 May	2	95
15 August	2	105
15 November	2	120
31 December		100

Calculate the time weighted rate of return for ZB using both the Linking Method and the Index Method.