Problem 34.2: A fund has 1,000 at beginning of the year. Half way through the year, the fund value has increased to 1,200 and an additional 1,000 is invested. At the end of the year, the fund has a value of 2,100. (a) Calculate the exact dollar weighted rate of return using compound interest. (b) Calculate the estimated dollar weighted rate of return using the simple interest assumptions. (c) Calculate the time weighted rate of return. Answers: a) 6.7%, b) 6.67%, c) 14.54%