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Sandra invests $10,833 in the Wise Investment Fund. Three months later her balance has grown to $11,913 and she deposits $2,000. Two months later her
Sandra invests $10,833 in the Wise Investment Fund. Three months later her balance has grown to $11,913 and she deposits $2,000. Two months later her fund holdings are $14,318 and she withdraws $7,000. Two years after her initial investment, she learns that her holdings are worth $12,576. Compute the approximate dollar-weighted annual yield, i, over the investment period using the following formula. (Round your answer to two decimal places.). jtwA+t(0,1)Ct(1t)I Compute the approximate dollar-weighted annual yield, i, over the investment period again using the following formula. (Round your answer to two decimal places.) jtw21A+(121)B(121)II=A+BI2I
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