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You purchase a stock for $100 that pays an annual dividend of $4.50. At the beginning of the second year, you purchase an additional share
You purchase a stock for $100 that pays an annual dividend of $4.50. At the beginning of the second year, you purchase an additional share for $140. At the end of the second year, you sell both shares for $170. Determine the dollar-weighted return and the time-weighted compounded (i.e., geometric) return on this investment.
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