In the telecom industry, wired and wireless carriers confront a rapidly shifting technology landscape in which small steps toward digitization are no longer enough. the transformational impact of digitization (the mass adoption of connected digital technologies and applications by consumers, enterprises, and governments) continues to drive telecom firms’ most critical strategic and operational decision. telecom providers must completely redefine their relationships with their customers. the telecom industry is

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: