6. The following are total valuations of a pension fund (000s). On 30th June 200690000 worth of equities were sold. On 30th September 2007 equity dividends of 200000 were received and a company contribution of 100000 was received on 2nd October 2006. Interest on cash of 60000 was received on 1st April 2006. Investment managers were paid 150000 from the fund on 30th September 2007. (a) Calculate the annual effective time weighted rate of return per annum earned on the fund over the period 1st January 2006 to 1st January 2008. (b) Calculate the annual effective linked internal rate of return of the fund over the period 1st January 2006 to 1st January 2007 by linking returns over half year periods. The half year returns that are to be linked are money weighted rates of return. 6. The following are total valuations of a pension fund (000s). On 30th June 200690000 worth of equities were sold. On 30th September 2007 equity dividends of 200000 were received and a company contribution of 100000 was received on 2nd October 2006. Interest on cash of 60000 was received on 1st April 2006. Investment managers were paid 150000 from the fund on 30th September 2007. (a) Calculate the annual effective time weighted rate of return per annum earned on the fund over the period 1st January 2006 to 1st January 2008. (b) Calculate the annual effective linked internal rate of return of the fund over the period 1st January 2006 to 1st January 2007 by linking returns over half year periods. The half year returns that are to be linked are money weighted rates of return