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Today is 9/16/2021. The following information summarizes Joe's trading account in 2021. Compute Joe's year-to-date (YTD) money-weighted return and YTD time-weighted return. Keep your answer
Today is 9/16/2021. The following information summarizes Joe's trading account in 2021. Compute Joe's year-to-date (YTD) money-weighted return and YTD time-weighted return. Keep your answer in 2 decimal places, e.g., 12.34%. Show your work. 1. The account balance at the end of 2020 was $499,800. 2. The account balance was 503,200 at market open on 2/14/2021. Joe deposited $40,000 into the account before market close on 2/14/2021. 3. The account balance was 613,800 at market open on 6/24/2021. Joe withdrew $50,000 from the account during the trading day on 6/24/2021. 4. The account balance reached the YTD high of $688,000 on 8/26/2021. 5. The current account today is $677,000. Today is 9/16/2021. The following information summarizes Joe's trading account in 2021. Compute Joe's year-to-date (YTD) money-weighted return and YTD time-weighted return. Keep your answer in 2 decimal places, e.g., 12.34%. Show your work. 1. The account balance at the end of 2020 was $499,800. 2. The account balance was 503,200 at market open on 2/14/2021. Joe deposited $40,000 into the account before market close on 2/14/2021. 3. The account balance was 613,800 at market open on 6/24/2021. Joe withdrew $50,000 from the account during the trading day on 6/24/2021. 4. The account balance reached the YTD high of $688,000 on 8/26/2021. 5. The current account today is $677,000
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