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Question of the Week - Quantitative Methods
George purchases a share of stock for $35. At the beginning of the next year, he purchases another share of the same stock for $40. At the end of each of the two years, the stock pays a dividend of $1.5. At the end of the second year, George sells both the shares for $45 each. The time-weighted rate of return that George earns is
Question of the Week - Quantitative Methods 34 votes