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An investment account has a value of$2000 on 1/1/2014. On 6/1/2014, the value of the account has increased to$2060 and a deposit of$300 is made.
An investment account has a value of$2000 on 1/1/2014. On 6/1/2014, the value of the account has increased to$2060 and a deposit of$300 is made. On 9/1/2014, the value of the account balance is$2450 and$800 is withdrawn. On 1/1/2015, the investment account is worth$1728.
Compute the difference between the time-weighted yield rate and the dollar-weighted yield rate.
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