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An investment in the Bosworth Closed-end Fund produced the following results: Date Value per share Dividend...

An investment in the Bosworth Closed-end Fund produced the following results:

Date Value per share Dividend paid to investors
End of Year 0 $20
End of Year 1 $23 $1.5
End of Year 2 $23 $1
End of Year 3 $23 $1.9

What is the time-weighted rate of return on an investment in this fund if you bought the investment at the end of Year 0 and held it until the end of Year 3? Report your answer to four decimal places (e.g., 1.234% report as 0.0123)

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jeff jeffy answered 1 year ago
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