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You've recorded the following prices and dividend payments for a stock: Quarter Stock price (end of quarter) Dividend per share (end of quarter) Shares bought
You've recorded the following prices and dividend payments for a stock:
| Quarter | Stock price (end of quarter) | Dividend per share (end of quarter) | Shares bought or sold (after dividend payment) | Shares held (before div. payment) |
| 0 | 58.32 | 4 | 0 | |
| 1 | 96.25 | 3.65 | 1 | 4 |
| 2 | 80.54 | 3.65 | 0 | 5 |
| 3 | 108.72 | 3.65 | -2 | 5 |
| 4 | 69.12 | 3.65 | -3 | 3 |
What was the dollar-weighted (money-weighted) rate of return?
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Multinational Financial Management
Authors: Shapiro A.C.
9th International Edition
8126536934, 9788126536931
