At the beginning of the year, Con Daily 's portfolio was worth $9,000 At the end of each of the next four quarters, Con received a gift of $500, which was invested in the portfolio At the end of each quarter, Con 's portfolio was worth, respectively $9,800, $10,800, $11,200, and $12,000 What is the...

Calculating the timeweighted return for a portfolio involves valuing the portfolio whenever a ...

At the beginning of the year, Con Daily's portfolio was worth $9,000. At the end of each

Question:

At the beginning of the year, Con Daily's was worth $9,000. At the end of each of the next four quarters, Con received a gift of $500, which was invested in the At the end of each quarter, Con's was worth, respectively. $9,800, $10,800, $11,200, and $12,000. What is the time-weighted rate of return on Con's during the year?
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...