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Suppose you buy one share today at $ 5 0 . At end of year 1 , it pays a $ 2 dividend and you

Suppose you buy one share today at $50. At
end of year 1, it pays a $2 dividend and you buy
a second share at $53. At end of year 2, it pays
a $2 dividend per share and sells for $54. What
is the Dollar-weighted return?

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