Question
A household (HH) savings-account spreadsheet shows the following entries: Date Additions Withdrawals Value 1/1/10 148,000 1/3/10 2,500 3/20/10 4,000 7/5/10 1,500 12/2/10 14,360 3/10/11 23,000
| A household (HH) savings-account spreadsheet shows the following entries: |
| Date | Additions | Withdrawals | Value |
| 1/1/10 | 148,000 | ||
| 1/3/10 | 2,500 | ||
| 3/20/10 | 4,000 | ||
| 7/5/10 | 1,500 | ||
| 12/2/10 | 14,360 | ||
| 3/10/11 | 23,000 | ||
| 4/7/11 | 3,000 | ||
| 5/3/11 | 198,000 |
| Calculate the dollar-weighted average return on the HH savings account between the first and final dates.(Round your answer to 2 decimal places. Omit the "%" sign in your response.) |
| Dollar-weighted average | % |
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Stylianos Perrakis, Peter
8th Canadian Edition
007133887X, 978-0071338875
