Question
On January 1, $1000 is deposited in a fund. On June 30, the fund balance is $900. On July 1, an additional $500 is deposited.
On January 1, $1000 is deposited in a fund. On June 30, the fund balance is $900. On July 1, an additional $500 is deposited. On December 31, the fund balance is 1600. X is the time-weighted rate of return. Y is the dollar-weighted rate of return. Determine X/Y A. 0.815 B. 1.252 C. 0.357 D. 2.035 E. 0.286
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
11th Edition
0321357965, 978-0321357960
