A stock initially trades for $80 per share. An investor decides to purchase 1,200 of...
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A stock initially trades for $80 per share. An investor decides to purchase 1,200 of shares. After 5 years, the portfolio is worth $150,432.00. At that time, the investor decides to purchase an additional 70 shares. At the end of year 7 , the portfolio is now worth $198,996.30. The investor then decides to sell 50 shares. At the end of year 13 , the portfolio is now worth $244,683.20. (a) Find the dollar weighted rate of return. % (b) Find the time weighted rate of return
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