Question
You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends. Year Beginning of
You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends.
| Year | Beginning of Year Price | # of Shares Bought or Sold |
| |||
| 2014 | $ | 50.00 |
| 100 bought |
| |
| 2015 | $ | 49.00 |
| 50 bought |
| |
| 2016 | $ | 51.00 |
| 75 sold |
| |
| 2017 | $ | 54.00 |
| 75 sold |
| |
What is the dollar-weighted return over the entire time period?
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Financial Management For Public Health And Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
7th Edition
1071835335, 978-1071835333
