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XYZ stock price and dividend history are as follows: Beginning-of-Year Dividend Paid at Year Price Year-End 2018 $ 100 $.4 2019 4 2020 90 2021

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XYZ stock price and dividend history are as follows: Beginning-of-Year Dividend Paid at Year Price Year-End 2018 $ 100 $.4 2019 4 2020 90 2021 95 110 An Investor buys three shares of XYZ at the beginning of 2018, buys another two shares at the beginning of 2019, sells one share at the beginning of 2020, and sells all four remaining shares at the beginning of 2021. b-1. Prepare a chart of cash flows for the four dates corresponding to the turns of the year for January 1, 2018, to January 1, 2021 (Negative amounts should be indicated by a minus sign.) Cash Flow $ 104 Date 2018 2019 2020 2021 b-2. What is the dollar-weighted rate of return? (Hint If your calculator cannot calculate internal rate of return, you will have to use a spreadsheet or trial and error) (Negative value should be indicated by a minus sign. Round your answer to 4 decimal places.) Rate of return %

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