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Sholpan [36]
3 years ago
15

Suppose you purchase one share of the stock of Cereal Correlation Company at the beginning of year 1 for $50. At the end of year

1, you receive a $1 dividend and buy one more share for $72. At the end of year 2, you receive total dividends of $2 (i.e., $1 for each share) and sell the shares for $67.20 each. The time-weighted return on your investment is
a. 8.7%.
b. 17.6%.
c. 10.0%.
d. 19.7%.
Business
1 answer:
cricket20 [7]3 years ago
6 0
B the answer is going to be
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