Question
7- An investment is worth $60000 at the beginning of the year. Six months later, it has risen in value to $64000, and so disburses
7- An investment is worth $60000 at the beginning of the year. Six months later, it has risen in value to $64000, and so disburses a cash payment of $20000. At the end of the year, it is worth $50000. What is the dollar-weighted rate of return for the year? What is the time-weighted rate of return for the year?
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Financial Markets And Institutions
Authors: Jeff Madura
13th Edition
0357130790, 978-0357130797
