User:ChristoperMacder

I treated the initial purchase as a negative cash flow during Q4 of 1993, and all dividends and capital returned as positive cash flows during the quarter they were paid. I also included the ending value of stock still held as a positive cash flow during the last quarter of the period (Q3 of 2013). This is equivalent to calculating the rate of return with dividends re invested under the assumption that the capital appreciated at a constant rate during the entire period..

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