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11. The following tables show the activity for funds X and Y over a one year period. Value R Deposit Withdrawal 100 Date 01/01/1998 07/01/1998

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11. The following tables show the activity for funds X and Y over a one year period. Value R Deposit Withdrawal 100 Date 01/01/1998 07/01/1998 10/01/1998 12/31/1998 Table 1: Fund X Value (Before Deposit/Withdrawal) 0 125 110 125 2x Table 2: Fund Y Value (Before Deposit/Withdrawal) Deposit Withdrawal 100 125 105.8 Date 01/01/1998 07/01/1998 | 12/31/1998 0 The annual dollar-weighted yield for fund X equals the annual time-weighted yield for fund Y, which equals i. Determine i. (Hint: use simple interest approximation to calculate the dollar-weighted yield rate) (a) 10% (b) 15% (c) 20% (d) 25% (e) 30%

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