Question
Find the Dollar Weighted Average return of $1000 invested each year at the beginning of each year for 3 years earning the following returns (10%,
Find the Dollar Weighted Average return of $1000 invested each year at the beginning of each year for 3 years earning the following returns (10%, -5%, and 15%). [NOTE: set calculators to BEGIN!]
| a)6.317% | ||
| b)6.667% | ||
| c)6.985% | ||
| d)7.065% |
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Corporate Financial Management
Authors: Glen Arnold, James Pickford
2nd Edition
0582821762, 978-0582821767
