Jenna purchased 500 shares of XYZ stock for $10 per share. The stock paid the following...
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Jenna purchased 500 shares of XYZ stock for $10 per share. The stock paid the following dividends: Year 1: $0.25 per share Year 2: $0.27 per share Year 3: $0.29 per share Assume the stock is trading for $15 per share at the end of Year 3. Calculate the time-weighted return for XYZ stock over this period. Jenna purchased 500 shares of XYZ stock for $10 per share. The stock paid the following dividends: Year 1: $0.25 per share Year 2: $0.27 per share Year 3: $0.29 per share Assume the stock is trading for $15 per share at the end of Year 3. Calculate the time-weighted return for XYZ stock over this period.
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