Question
Year Price ($) Dividend ($) Shares_____ 2015 40/////////////////////////////// 1.50 //////////////////////////////////////bought 200 2016 43 //////////////////////////////2.00 ///////////////////////////////////////bought 600 2017 52 //////////////////////////////2.50//////////////////////////////////////// sold 700 2018 54 3.10 sold
Year Price ($) Dividend ($) Shares_____
2015 40/////////////////////////////// 1.50 //////////////////////////////////////bought 200
2016 43 //////////////////////////////2.00 ///////////////////////////////////////bought 600
2017 52 //////////////////////////////2.50//////////////////////////////////////// sold 700
2018 54 3.10 sold 100
Note that all purchases and sales take place at the beginning of the year; that is, the above prices are at the start of the year. On the other hand, all dividends are paid at the end of the year.
What is the geometric average return?
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