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An analyst has gathered the follow information ($ millions) about the performance of a portfolio: Quarter Value at the Beginning of Quarter (Prior to Inflow
An analyst has gathered the follow information ($ millions) about the performance of a portfolio:
| Quarter | Value at the Beginning of Quarter (Prior to Inflow or Outflow) | Cash Inflow (Outflow) at Beginning of Quarter | Value at End of Quarter |
| 1 | 2.0 | 0.2 | 2.4 |
| 2 | 2.4 | 0.4 | 2.6 |
| 3 | 2.6 | (0.2) | 3.2 |
| 4 | 3.2 | 1.0 | 4.1 |
Find the portfolio annual time-weighted rate of return.
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Principles Of Managerial Finance Brief
Authors: Chad J. Zutter, Scott B. Smart
8th Global Edition
1292267143, 978-1292267142
