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On January 1, 2017, John's stock portfolio was worth $100,000. He added $25,000 on July 1, 2017, bringing the total value of his portfolio on

On January 1, 2017, John's stock portfolio was worth $100,000. He added $25,000 on July 1, 2017, bringing the total value of his portfolio on that date to $133,000. By September 30, 2017, the value of John's portfolio had increased to $149,000 and he sold $50,000 worth of stock on that date and removed that $50,000 from the portfolio. The value of John's portfolio on December 31, 2017 was $106,000. Determine the time-weighted rate of return for John's portfolio during 2017. Possible Answers A

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