Consider the value and the net cash flow of an investment fund in 000s realised over a 3-year period: 2013 2014 2015 2016 Year Value of fund at 30th June 1,110 1,270 1,650 Net cash flow received on 1st July 56 70 36 Value of fund at 31st December 800 1,174 1,346 1,810 a) Find, to the nearest 0.1%, the annual effective time-weighted rate of return obtained on the fund during the period from 31st December 2013 to 31st December 2016. 1: [1] b) Estimate, to the nearest 0.1%, the annual effective money-weighted rate of return obtained on the fund during the period from 31st December 2013 to 31st December 2016. :[2] C) Estimate, to the nearest 0.1%, the annual effective linked internal rate of return obtained on the fund during the period from 31st December 2013 to 31st December 2015 (i.e. first two years). :[2] Consider the value and the net cash flow of an investment fund in 000s realised over a 3-year period: 2013 2014 2015 2016 Year Value of fund at 30th June 1,110 1,270 1,650 Net cash flow received on 1st July 56 70 36 Value of fund at 31st December 800 1,174 1,346 1,810 a) Find, to the nearest 0.1%, the annual effective time-weighted rate of return obtained on the fund during the period from 31st December 2013 to 31st December 2016. 1: [1] b) Estimate, to the nearest 0.1%, the annual effective money-weighted rate of return obtained on the fund during the period from 31st December 2013 to 31st December 2016. :[2] C) Estimate, to the nearest 0.1%, the annual effective linked internal rate of return obtained on the fund during the period from 31st December 2013 to 31st December 2015 (i.e. first two years). :[2]