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Beginning Balance (2) End of Quarter Change in Investment (5) Interest Earned during Quarter (3) Quarter Hodling Period Return (3/2) (6) Ending Balance (4) Tur

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Beginning Balance (2) End of Quarter Change in Investment (5) Interest Earned during Quarter (3) Quarter Hodling Period Return (3/2) (6) Ending Balance (4) Tur (7) 1 $ 1,000,000 $ 1,020,000 $ 250,000 2 $ 1,270,000 $ 1,287,000 $ (350,000) 20,000 $ 17,000 $ 12,000 $ 29,000 $ 3 S 937,000 $ 949,000 $ 145,000 4 $ 1,094,000 $ (450,000) 1,123,000 $ B. If you simply calculated the rate of return based on the ending ($1,123,000) and beginning ($1,000,000) values, what result would you get and how does that compare to the correct return

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