An investment in the Bosworth Closed-end Fund produced the following results: Date Value per share Dividend paid to investors End...

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An investment in the Bosworth Closed-end Fund produced thefollowing results:
Date Value per share Dividend paid to investors
End of Year 0 $20
End of Year 1 $23 $1.5
End of Year 2 $23 $1
End of Year 3 $23 $1.9
What is the time-weighted rate of return on an investment inthis fund if you bought the investment at the end of Year 0 andheld it until the end of Year 3? Report your answer to fourdecimal places (e.g., 1.234% report as 0.0123)

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An investment in the Bosworth Closed-end Fund produced thefollowing results:DateValue per shareDividend paid to investorsEnd of Year 0$20End of Year 1$23$1.5End of Year 2$23$1End of Year 3$23$1.9What is the time-weighted rate of return on an investment inthis fund if you bought the investment at the end of Year 0 andheld it until the end of Year 3? Report your answer to fourdecimal places (e.g., 1.234% report as 0.0123)

Date	Value per share	Dividend paid to investors
End of Year 0	$20
End of Year 1	$23	$1.5
End of Year 2	$23	$1
End of Year 3	$23	$1.9