He then sold 500 shares of XYZ in July of 2013 for ?$76 per share. The remaining 1,800 shares were finally sold for $30 per share in July 2014.
a. Draw a? cash-flow diagram of this situation.
b. What was? Taylor's internal rate of return? (IRR) on this? investment?
c. What was the ERR on this investment if the external reinvestment rate is 9?% per? year?