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1. The balance of a mutual fund on January 1,2021 is 1,000 . The following table includes all cash flow information over the one-year period
1. The balance of a mutual fund on January 1,2021 is 1,000 . The following table includes all cash flow information over the one-year period ending on December 31 , 2021: The balance of the mutual fund on December 31,2021 , is X. The annual effective time weighted rate of return 20.888%. Using a simple interest approximation, determine the dollar weighted rate of return Step by Step Solution
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Sabotage The Business Of Finance
Authors: Ronen Palan
1st Edition
0141986247, 978-0141986241
