Need john has a plumbing business he is trying to decide if he needs to pay for his employees to be bonded which of the following is true of bonding? a. it's attractive to customers, because it covers any losses from damage that occur due to faulty work b. it's the same thing as insurance c. the bonding company doesn't require collateral d. it's never required by law

An investor purchases 500 shares of nevada industries common stock for $22.00 per share today. at t = 1 year, this investor receives a $0.42 per share dividend (which is not reinvested) on the 500 shares and purchases an additional 500 shares for $24.75 per share. at t = 2 years, he receives another $0.42 (not reinvested) per share dividend on 1,000 shares and purchases 600 more shares for $31.25 per share. at t = 3 years, he sells 1,000 of the shares for $35.50 per share and the remaining 600 shares at $36.00 per share, but receives no dividends. assuming no commissions or taxes, the money-weighted rate of return received on this investment is closest to: