The details regarding fund value, contributions and withdrawals from a fund are as follows: Date Amount Fund Values: 1/1/05 1,000,000 7/1/05 1,310,000 1/1/06 1,265,000 7/1/06 1,540,000 1/1/07 1,420,000 Contributions Received: 6/30/05 6/30/06 250,000 250,000 Benefits 12/31/05 150,000 Paid: 12/31/06 150,000 Find the effective annual time-weighted rate of return for the two-year period of 2005 and 2006. The details regarding fund value, contributions and withdrawals from a fund are as follows: Date Amount Fund Values: 1/1/05 1,000,000 7/1/05 1,310,000 1/1/06 1,265,000 7/1/06 1,540,000 1/1/07 1,420,000 Contributions Received: 6/30/05 6/30/06 250,000 250,000 Benefits 12/31/05 150,000 Paid: 12/31/06 150,000 Find the effective annual time-weighted rate of return for the two-year period of 2005 and 2006