Three years ago you bought 200 shares of stock trading at $40
per share. One year after you bought the stock, it paid a dividend
of $2 per share, which you then immediately reinvested in
additional (fractional) shares of stock (at a price of $45 per
share, which was the price immediately after the dividend was
paid). There were no other dividends or cash flows, and today the
stock sells for $52 per share. What is the annualized time-weighted
return...