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Problem:

Thomas Partner purchased shares of Discovery Cafe on the open January 2 at $40.87 per share. He earned a dividend of $0.13 in March. Thomas kept his dividend in cash - he did not reinvest it. Discovery Cafe closed at

January: $36.86
February: $37.59
March: $39.60

Required:

Question: What is the total time-weighted rate of return for the calendar quarter?

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Category:- Basic Finance
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