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For an investment account, you are given the following information during calendar years 2014 and 2015: Date Fund Value Before Activity Deposit Withdrawal January 1,
For an investment account, you are given the following information during calendar years 2014 and 2015: Date Fund Value Before Activity Deposit Withdrawal January 1, 2014 160 March 1, 2014 175 20 June 1, 2014 170 15 October 1, 2014 175 10 December 31, 2014 X Date Fund Value Before Activity Deposit Withdrawal January 1, 2015 X September 1, 2015 203 10 December 31, 2015 Y During 2014, the dollar-weighted rate of return equals 7%. During 2015, the time-weighted rate of return equals 10%. Determine the value of the fund at the end of 2015. For an investment account, you are given the following information during calendar years 2014 and 2015: Date Fund Value Before Activity Deposit Withdrawal January 1, 2014 160 March 1, 2014 175 20 June 1, 2014 170 15 October 1, 2014 175 10 December 31, 2014 X Date Fund Value Before Activity Deposit Withdrawal January 1, 2015 X September 1, 2015 203 10 December 31, 2015 Y During 2014, the dollar-weighted rate of return equals 7%. During 2015, the time-weighted rate of return equals 10%. Determine the value of the fund at the end of 2015
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