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Business, 07.05.2021 23:50 memester74

Suppose you purchase one share of the stock of Red Devil Corporation at the beginning of year 1 for $42.50. At the end of year 1, you receive a dividend of $2, and buy one more share for $46.50. At the end of year 2, you receive total dividends of $4 (i. e., $2 for each share), and sell the shares for $54.50 each. What is the time-weighted return on your investment

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