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XYZ stock price and dividend history are as follows: Year Beginning - of - Year Price Dividend Paid at Year - End 2 0 1
XYZ stock price and dividend history are as follows:
Year BeginningofYear Price Dividend Paid at YearEnd
$ $
An investor buys five shares of XYZ at the beginning of buys another three shares at the beginning of sells one share at the beginning of and sells all seven remaining shares at the beginning of
a What are the arithmetic and geometric average timeweighted rates of return for the investor? Do not round intermediate calculations. Round your answers to decimal places.
b Prepare a chart of cash flows for the four dates corresponding to the turns of the year for January to January Negative amounts should be indicated by a minus sign.
b What is the dollarweighted 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 decimal places.
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