Business
Business, 24.06.2019 11:20, tayshawngooch

Tom decides to begin investing some portion of his annual bonus, beginning this year with $6,000. in the first year he earns a 8% return and adds $3,000 to his investment. in the second his portfolio loses 4% but, sticking to his plan, he adds $1,000 to his portfolio. in this year his portfolio returns 2%. what is tom's dollar-weighted average return on his investments?

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