When we utilize the mutual fund cash ratio, market is bullish when this ratio is higher, as we expect new investments from mutual funds.

$$ True

$$ False

In the beginning of $2021,$ Michael bought $100$ shares of Coca$-$Cola Co$.$ at $$48\mathrm{.}15$ per share. He received the following dividends per share $($end of year$).$

$2021$ $$1\mathrm{.}68$

$2022$ $$1\mathrm{.}76$

$2023$ $$1\mathrm{.}84$

Immediately after receiving the $2023$ dividend, he sold the $100$ shares for $$59\mathrm{.}49$ per share. His internal rate of return on this investment was

$16\mathrm{.}38\%.$

$14\mathrm{.}84\%.$

$12\mathrm{.}45\%$

$10\mathrm{.}71\%.$

Cheggs allows two questions. Thanks