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Question - John purchased 500 shares of XYZ stock for $10 per share. The stock paid the followed dividends:
Year I: $0.25 per share
Year II: $0.27 per share
Year III: $0.29 per share
Assume the stock is trading for $15 per share at the end of year 3. What is the time-weighted return for XYZ stock over this period?
A. 16.57%
B. 16.83%
C. 17.37%
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