Question
The Pharos Fund is valued at 750,000 at the start of the month. On day 22, a contribution of 20,000 is made. At the end
The Pharos Fund is valued at 750,000 at the start of the month. On day 22, a contribution of 20,000 is made. At the end of the month, the Fund is worth 1,266,513. Compute the
money weighted rate of returns
Answer R=0.017
How?
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
7th Edition
1473778913, 978-1473778917
