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At the beginning of 2014, you invested $1,000 in the Fidelity Low Price Stock Fund. Three months later (at the beginning of April), your investment
At the beginning of 2014, you invested $1,000 in the Fidelity Low Price Stock Fund. Three months later (at the beginning of April), your investment was valued at $900. In the mid of 2014, your investment in the Fund was valued at $1,100.
(a) What was your annual return?
(b) At the beginning of April, if you added $100 to the Fund, leaving, therefore, $1000 invested in the Fund. What was your total investment value in the mid of 2014?
(c) What was your dollar weighted annual return in (b)? (d) What was your time weighted annual return in (b)?
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