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7. Consider the following table for the cash flows of an investment account: DATE FUND VALUE BEFORE CONTRIBUTION 01/01/2015 1,000 04/01/2015 500 CONTRIBUTION -300 08/01/2015

7. Consider the following table for the cash flows of an investment account:

DATE FUND VALUE BEFORE CONTRIBUTION

01/01/2015 1,000

04/01/2015 500 CONTRIBUTION -300

08/01/2015 250 CONTRIBUTION +2,000

12/31/2015 2,800

(a) Calculate the TWRR and the DWRR of the fund.

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