Question
A- A statistical measure that measures the relationship between two series of securities over time is known as diversification. a. Certain b. False B- Clara
A- A statistical measure that measures the relationship between two series of securities over time is known as diversification.
a. Certain
b. False
B-
Clara Ponz opened an account with her broker with $650,000 at the beginning of the year for her to invest according to the investment objectives discussed. At the end of that first year, the value of her portfolio was $730,000. Clara had to withdraw $20,000 at the beginning of the second year due to a personal emergency. The second year ended with a total value of $755,000. The third year of investment ended at $775,000. Determine the Time-weighted return for this period.
a. 7.03%
b. 6.90%
c. 6.05%
d. 7.85%
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