2) An investor buys three shares of XYZ at the beginning of 2019 for $100 apiece. By the end of 2019, the share price has increased to $110 and she receives $4 dividend per share. Right after receiving the dividend, she buys two additional shares at $110. By the end of 2020, the share price has dropped to $90, but the investor still receives a dividend per share of $4. Right after receiving the dividend, she sells one share at $90. By the end of 2021, the share price has gone up to $95, the investor receives a dividend per share of $4 and sells all shares at $95 immediately after receiving dividends. 1 A) Calculate the arithmetic, geometric, and the dollar-weighted average rate of return. B) Why is the dollar-weighted average different than the geometric average