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Question $9$ of $9$

Question $9$

$10$ points

Note: You are required to use a financial calculator to solve this problem, and to type the entries for the relevant CF entries.

Imagine an investor initiates an account with a $$1,000$ investment. They make further deposits of $$1,000$ at the end of Year $2$ and Year $3,$ before liquidating the account at the conclusion of a five$-$year period. The annual returns for the account, starting from Year $1,$ are as follows: $-9\%,17\%,9\%,14\%,$ and $-4\%.$ Calculate the investor's dollar$-$weighted average feturn over this five$-$year timeframe.

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