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You are given the following information about an investment account: Date Value Immediately Deposit Before Deposit January 1 10 July 1 12 December x 31
You are given the following information about an investment account: Date Value Immediately Deposit Before Deposit January 1 10 July 1 12 December x 31 Over the year, the time-weighted return is 0%, and the dollar-weighted (money- weighted) return is Y. Calculate Y
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