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Date Account K Fund value Activity before activity Deposit Withdrawal 100.0 110.0 2x 125.0 January 1, 1999 July 1, 1999 October 1,1999 December 31, 1999

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Date Account K Fund value Activity before activity Deposit Withdrawal 100.0 110.0 2x 125.0 January 1, 1999 July 1, 1999 October 1,1999 December 31, 1999 125.0 Account L Fund value Activity Date before activity Deposit Withdrawal January 1, 1999 100.0 July 1, 1999 125.0 X December 31, 1999 105.8 During 1999, the dollar weighted return for investment account K equals the time weighted return for investment account L, which equals i. Calculate i. a. 18% O b. 12% O c. 15% O d. 20% O e. 10%

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