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On January 1, 1997, a stock portfolio is worth $100 thousand. On September 30,1997,$5.5 thousand is withdrawn from the portfolio, and immediately after this withdrawal

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On January 1, 1997, a stock portfolio is worth $100 thousand. On September 30,1997,$5.5 thousand is withdrawn from the portfolio, and immediately after this withdrawal the portfolio has a value of $105 thousand. Twelve months later, the value of the portfolio is $108 thousand, and the investor adds $3 thousand worth of stock to his portfolio. On December 31 , 1998, the portfolio is worth $100 thousand. Over the two-year period, the annual time-weighted rate of return is X and annual dollar-weighted rate of return is Y. Find XY I accept 2 format of input: number format: min 6 decimal points percentage format: min4 decimal points

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