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You are given the following information about two funds: Date Deposits Fund X Withdrawals Value of Fund Before Deposits/Withdrawals 50,000 January 1, 1993 March 1,
You are given the following information about two funds: Date Deposits Fund X Withdrawals Value of Fund Before Deposits/Withdrawals 50,000 January 1, 1993 March 1, 1993 55,000 50,000 May 1, 1993 24,000 November 1, 1993 36,000 77,310 December 31, 1993 43,100 Fund Y Date Deposits Withdrawals Value of Fund Before Deposits/Withdrawals January 1, 1993 100,000 105,000 July 1, 1993 15,000 December 31, 1993 Fund Y's time-weighted rate of return in 1993 is equal to Fund X's dollar-weighted rate of return in 1993. Calculate F. 92,600 93,400 93,800
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