Chartered Financial Analyst Level 1
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An investor gathers the following information about a stock:
- Stock price at t=0: $20
- Dividend paid at t=1: $3
- Stock price at t=1: $12
- Dividend paid at t=2: $1
- Stock price at t=2: $20
The investor purchased one unit of the stock at t=0 and sold it at t=2. If the dividends were not reinvested, the money-weighted rate of return is closest to:
An investor gathers the following information about a stock:
- Stock price at t=0: $20
- Dividend paid at t=1: $3
- Stock price at t=1: $12
- Dividend paid at t=2: $1
- Stock price at t=2: $20 The investor purchased one unit of the stock at t=0 and sold it at t=2. If the dividends were not reinvested, the money-weighted rate of return is closest to:
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