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Q11: You know the following about an investment fund: . On Jan 1, an investment fund is worth 400,000 On May 1, the value of

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Q11: You know the following about an investment fund: . On Jan 1, an investment fund is worth 400,000 On May 1, the value of the fund has increased to 436,000 and a deposit of 27500 W On Sep 1, the value of the fund has declined to 461,000 and 27,000 is withdrawn. On Jan 1 of the following year, the value of the fund is 468,720. Let X = the dollar-we rate and Y = the time-weighted yield rate. Computer a. 0.9601 b. 0.9944 C. 0.9614 d. 0.9762 e.0.9940

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