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Let A be the balance in a fund on January 1 , 2 0 2 3 , B be the balance in the fund on
Let be the balance in a fund on January B be the balance in the fund on May and be the balance in the fund on December
a If there are no deposits or withdrawals during show that the dollarweighted rate of return and the timeweighted rate of return for the fund during are both equal to C AA
b If there was a single deposit of immediately after the May balance of was determined, find expressions for the timeweighted rate of return and the dollarweighted rate of return for the portfolio during assume simple interest for periods less than one year
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