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| On 7 January 2008, an investor purchases 100 shares of stock for $32.50 a share.On 7 January 2009, the investor purchases 100 more shares of the same stock for$36.70 a share. On 7 January 2010, the investor sells all 200 shares of the stock for $42.00 a share. The internal rate of return for this investment is best described as an example of a: A: geometric mean return B: time-weighted rate of return. C: money-weighted rate of return. |
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