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Suppose you purchase one share of the stock of Volatile Engineering Corporation at the beginning of year 1 for $36. At the end of year
Suppose you purchase one share of the stock of Volatile Engineering Corporation at the beginning of year 1 for $36. At the end of year 1, you receive a $2 dividend and buy one more share for $30. At the end of year 2. you receive total dividends of $4 (l.e., $2 for each share) and sell the shares for $36.45 each. The time-weighted return on your investment is Multiple Choice 6.74% 11.46% 12.35% 4.08% -1.75%
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