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You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends. Beginning of
You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends. Beginning of # of Shares Year Year Price 2011 $50.00 Bought or Sold 100 bought 2012 $55.00 50 bought 2013 2014 $51.00 75 sold $54.00 75 sold What is the dollar-weighted return over the entire time period?
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