XYZ stock price and dividend history are as follows:

Year

Beginning-of-Year Price

Dividend Paid at Year-End

2013

$

100

$

4

2014

120

4

2015

90

4

2016

100

4

What is the dollar-weighted rate of return? (Hint: Carefully prepare a chart of cash flows for the fourdates corresponding to the turns of the year for January 1, 2013, to January 1, 2016. If your calculator cannot calculate internal rate of return, you will have to use trial and error.) (Round your answers to 4 decimal places. Negative amount should be indicated by a minus sign. Omit the "%" sign in your response.)

Dollar-weighted rate of return

%