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The historical stock price of DIRANI Group Inc. is presented in the table below. Assume that Mr. Ziad has conducted the following transactions on DIRANI

The historical stock price of DIRANI Group Inc. is presented in the table below. Assume that Mr. Ziad has conducted the following transactions on DIRANI Group Inc. stock: He buys 4 shares at the beginning of 2018. He buys an additional 4 shares at the beginning of 2019. He sells 2 shares at the beginning of 2020. He sells all 6 shares remaining at the beginning of 2021. 1. What are the arithmetic and geometric average return respectively for Mr. Ziad? * A) 10.7%; 20.5% B) 20.5%; 10.7% C) (20.5%); (10.7%) D) None of the above. 2. What is Mr. Ziads dollar-weighted average return? * A) 6.7% B) 2.1% C) 4.8% D) 3.1% E) None of the above.

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