An investment fund has a balance of 100 at the beginning of the year and...
70.2K
Verified Solution
Link Copied!
Question
Accounting
An investment fund has a balance of 100 at the beginning of the year and of 145 at the end of the year. A 30 contribution to the fund is made at time t=1/3. The balance just prior to this contribution is 105. Let the annual dollar-weighted rate of return be D% and let the annual time-weighted rate of return be T%.
Find D+T. Give your answer as a percentage rounded to two decimal places.
Answer is not 12.78
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
