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answer is 0.022 and show me the steps clear An investment manager's portfolio begins the year with a value of 100,000. Eleven months through the

answer is 0.022
and show me the steps clear image text in transcribed
An investment manager's portfolio begins the year with a value of 100,000. Eleven months through the year a withdrawal of 50,000 is made and the value of the portfolio after the withdrawal is 57,000. At the end of the vear the value of the portfolio is 60,000. Find the time-weighted yield rate less the dollar-weighted yield rate

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