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2. (Broverman, 5.2.5) Fund X has unit values which are 1.0 on January 1, 2015 and .8 on July 1, 2015, and 1.0 on January

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2. (Broverman, 5.2.5) Fund X has unit values which are 1.0 on January 1, 2015 and .8 on July 1, 2015, and 1.0 on January 1, 2016. A fund officer obtains $100000 on January 1, 2015 and $100000 on July 1, 2015 and immediately invests the entire contributions to purchase units in Fund X. Find the dollar weighted return for 2015

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