The following table shows share price and dividend data for a company from 2016 to 2019. Year
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Question:
The following table shows share price and dividend data for a company from 2016 to 2019.
Year | Share price at the end of the year ($) | Dividend at the end of the year ($) |
2016 | 100 | 4 |
2017 | 105 | 5 |
2018 | 99 | 3 |
2019 | 101 | 2 |
An investor purchased three shares at the end of 2016, another two shares at the end of 2017, sold one share at the end of 2018 and sold all remaining shares at the end of 2019. Using the above information, calculate
Arithmetic average return
Geometric average return
Dollar-weighted return
Related Book For
College Accounting
ISBN: 978-1111528126
11th edition
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
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