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Suppose you purchased one share of Delta Manufacturing at the end of 2018 for $55. At the end of 2019. you received a dividend of

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Suppose you purchased one share of Delta Manufacturing at the end of 2018 for $55. At the end of 2019. you received a dividend of $2 and the price of the share was $52. You bought another share of Delta Manufacturing at the end of 2019. At the end of 2020. you received total dividends of $6 (1.0, $3 1 2 for each share) and sold both shares at $55.50 per share. The geometric average annual return and the dollar-weighted annual return on your investment for the two-year period of 2019 and 2020 ure O a. None of the answers are correct. O b. 35.22% and 38.47% respectively. Oc. 5.10% and 7.32% respectively, od 3.35% and 5.38% respectively. O e. 4.12% and 7.96% respectively

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