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A manager buys three shares of stock today, and then sells one of those shares...

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Finance

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A manager buys three shares of stock today, and then sells one of those shares each year for the next 3 years. His actions and the price history of the stock are summarized below. The stock pays no dividends. Time WNE Price $ 170 200 200 200 Action Buy 3 shares Sell 1 share Sell 1 share Sell 1 share a. Calculate the time-weighted geometric average return on this "portfolio. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Geometric average return % b. Calculate the time-weighted arithmetic average return on this portfolio. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Arithmetic average return % c. Calculate the dollar-weighted average return on this portfolio. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Dollar-weighted average return %

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