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Question 2 A fund has 10,000 at the beginning of the year and 12.000 at the end of the year. Net contributions of 1,000 were
Question 2 A fund has 10,000 at the beginning of the year and 12.000 at the end of the year. Net contributions of 1,000 were made into the fund during year. Calculate the net yield earned by the fund assuming that the net contributions were contributed uniformly throughout the year. (a) 5.52% (b) 6.52% (c) 7.52% (d) 8.52% (e) 9.52%
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