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1,000 is deposited into a fund on January 1, 1992. Another deposit is made into the fund on July 1, 1992. On January 1, 1993,

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1,000 is deposited into a fund on January 1, 1992. Another deposit is made into the fund on July 1, 1992. On January 1, 1993, the balance in the fund is 2,000. The time weighted yield rate is 10% and the dollar-weighted yield rate is 9%. Calculate the annual effective interest rate earned on the fund during the first six months of 1992 Select one: a. 6.4% b. 12.9% X C. 13.396 d. 5.4% e. 9.4% 1,000 is deposited into a fund on January 1, 1992. Another deposit is made into the fund on July 1, 1992. On January 1, 1993, the balance in the fund is 2,000. The time weighted yield rate is 10% and the dollar-weighted yield rate is 9%. Calculate the annual effective interest rate earned on the fund during the first six months of 1992 Select one: a. 6.4% b. 12.9% X C. 13.396 d. 5.4% e. 9.4%

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