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Assume you have the following information with respect to the amount of investments you have, assigned to three portfolio managers who work for you: Manger
- Assume you have the following information with respect to the amount of investments you have, assigned to three portfolio managers who work for you:
| Manger A | Manager B | Manager C |
Amount of investment | 10,000 | 15,720 | 30,500 |
Day of investment | 5 February | 18 March | 20 April |
Market value of the investment at the end of the year | 12,530 | 18,912 | 35,640 |
Assume the number of days in the year is 360 days whereas each month is 30 days |
You need to answer the following:
- The compound rate of return for each manager
- Your portfolio rate of return at the end of the year
- If you withdrew 4,500 at May 15th and 2,300 at Sept. 10th from your portfolio, what would be your portfolio rate of return at the end of the year?
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