An investor purchased 200 shares of a stock at $60/share on January 1, 2012, then sold 100 shares for $63 on December 31, 2012, and kept the remaining 100 shares through the end of 2014. The stock traded for $80 at the end of 2013, and for $75 at the end of 2014, and paid an annual dividend of $2.00/share on December 30 of each of the three years it was held. What was the investor's dollar-weighted return? O 14.0% O 48.2% O 10.2 12.6%
An investor purchased 200 shares of a stock at $60/share on January 1, 2012, then sold 100 shares for $63 on December 31, 2012, and kept the remaining 100 shares through the end of 2014. The stock traded for $80 at the end of 2013, and for $75 at the end of 2014, and paid an annual dividend of $2.00/share on December 30 of each of the three years it was held. What was the investor's dollar-weighted return? O 14.0% O 48.2% O 10.2 12.6%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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