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You are given the following information about an investment account: January 1, 1992 March 1, 1992 April 1, 1992 T, 1992 January 1, 1993 Account
You are given the following information about an investment account:
January 1, 1992 March 1, 1992 April 1, 1992 T, 1992 January 1, 1993 Account Value (Before Deposit or Withdrawal) 100 108 102 118 130 Deposit 20 X Withdrawal 12 The time-weighted yield rate is 13.61%, and the dollar-weighted yield rate is 12.04%.
Calculate T.
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