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Ben had $ 1 , 0 0 0 in his bank account at time 0 . He deposited $ 2 0 0 at time 0
Ben had $ in his bank account at time He deposited $ at time At time
the account value is $
a Calculate the dollarweighted rate earned by Ben.
b Calculate the exact yield rate.
c What if the deposit is $ time Compare the dollarweighted and exact yield.
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