Question
The time-weighted rate of return for a fund with the transactions shown in the following table is 12%. What is the dollar-weighted rate of return?
The time-weighted rate of return for a fund with the transactions shown in the following table is 12%. What is the dollar-weighted rate of return? (no excel)
| Date | Value before transaction | Deposits | Withdrawals |
| 1/1/2015 | 980 |
|
|
| 6/1/2015 | 1,010 | 30 |
|
| 10/1/2015 | 1,055 |
| X |
| 1/1/2016 | 1,060 |
|
|
A. 11.78% B. 11.87% C. 12.00% D. 12.25% E. 12.52%
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Digital Finance Big Data Start-ups And The Future Of Financial Services
Authors: Perry Beaumont
1st Edition
0367146797, 978-0367146795
