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XYZ stock price and dividend history are as follows: Year 2018 2019 2020 2021 Beginning-of-...

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Finance

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XYZ stock price and dividend history are as follows: Year 2018 2019 2020 2021 Beginning-of- Dividend Paid at Year Price Year-End $ 125 $ 2 141 2 120 2 125 2 2 An investor buys six shares of XYZ at the beginning of 2018, buys another three shares at the beginning of 2019, sells one share at t beginning of 2020, and sells all eight remaining shares at the beginning of 2021. Required: a. What are the arithmetic and geometric average time-weighted rates of return for the investor? (Do not round intermediate calculations. Round your answers to 2 decimal places.) % Arithmetic time-weighted average returns Geometric time-weighted average returns %

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