QUESTION 1 (6 marks) Deposits of $1000 are made into an investment fund at t = 0 and r 1. The fund balance is $1200 just before the deposit at t= 1, and $2200 at 2 (a) [2 marks] Calculate the money-weighted rate of return (MWRR) over the two year period. Express your answer as an effective rate per annum. (b) [2 marks] Calculate the time-weighted rate of return (TWRR) over the two year period. Express your answer as an effective rate per annum. (c) [2 marks] Compare your answers in parts (a) and (b). Is your MWRR greater than, less than, or approximately equal to your TWRR? Provide a written explanation for the relationship between the MWRR and TWRR values you calculated