Question
-An account was worth $800,000 at the beginning of the month. On day 10, it is valued at $1,800,000 after receiving a contribution of $1,000,000.
-An account was worth $800,000 at the beginning of the month. On day 10, it is valued at $1,800,000 after receiving a contribution of $1,000,000. At the end of the month, the account is worth $3,000,000.
What are the TWR and MWR? Calculate .
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Fundamentals of Investments
Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey
3rd edition
132926172, 978-0132926171
