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please solve this problem without using excel and show all steps. Question No. 7 You are given the following information about an investment account: (i)

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Question No. 7 You are given the following information about an investment account: (i) The value on January 1 is 80. (ii) The value on June 1, prior to a deposit being made, is 90. (iii) On June 1, a deposit 2Y is made. (iv) The value on September 1, prior to a deposit being made, is 120 On September 1, a withdrawal Y is made. (vi) The value on December 31 is Y +97. Over the year, the time-weighted return is 20%, and the dollar-weighted (money-weighted) return is D. Calculate all possible values of D. (1) D - 17.22% (2) D=18.38% (3) D=19.41% (4) D=20.45% A. (1) or (3) B.(1) or (4) C. (2) or (3) D. (2) or (4) E. A different answer Question No. 7 You are given the following information about an investment account: (i) The value on January 1 is 80. (ii) The value on June 1, prior to a deposit being made, is 90. (iii) On June 1, a deposit 2Y is made. (iv) The value on September 1, prior to a deposit being made, is 120 On September 1, a withdrawal Y is made. (vi) The value on December 31 is Y +97. Over the year, the time-weighted return is 20%, and the dollar-weighted (money-weighted) return is D. Calculate all possible values of D. (1) D - 17.22% (2) D=18.38% (3) D=19.41% (4) D=20.45% A. (1) or (3) B.(1) or (4) C. (2) or (3) D. (2) or (4) E. A different

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