Amount in fund on 1/1/20: $4,500,000 Amount in fund on 5/1/20 just before transaction: $4,600,000 Transaction: Withdrawal of $800,000 Amount in fund on 8/1/20 just before transaction: $4,000,000 Transaction: Deposit of $400,000 Amount in fund on 12/13/20: $4,600,000 Calculate the Time-Weighted Rate of Return for the fund for the year 2020

Amount in fund on 1/1/20: $4,500,000 Amount in fund on 5/1/20 just before transaction: $4,600,000 Transaction: Withdrawal of $800,000 Amount in fund on 8/1/20 just before transaction: $4,000,000 Transaction: Deposit of $400,000 Amount in fund on 12/13/20: $4,600,000 Calculate the Time-Weighted Rate of Return for the fund for the year 2020

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Question A Franklin’s investment fund had a balance of $290,000 on January 1, 1995 and a balance of $448,000 two years later. The amount of interest earned during the two years was $34,000, and the annual yield rate on the fund was 5.4%. Estimate the (dollar-weighted) average date of contributions to the account. Answer: September 26, 1996 Full explain this question and text typing work only We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this line
Under the extended fund facility, credits are drawn over a maximum period of _____ years, and are repayable over a maximum of _______ years. Three, Ten Three, Eight Two, Ten Two, Five
2,500 is deposited into Fund X, which earns an annual effective rate of zero. At the end of each year, 10% of the balance is withdrawn from the fund. The annual withdrawals are deposited into Fund Y, which earns an annual effective rate of 10%. Determine the accumulated value of Fund Y at the end of year 10. a) 2,806 b) 2,252
Fund had a value of $32,000 on 1 April 2011. A net cash ow of $7.000 was received on 1 April 2012, a further net cash ow of $8,000 was received on 1 April 2013, and a further net cash ow of $12,000 was received on 1 April 2014. Immediately before receipt of the _rst net cash ow, the fund had a value of $35,000, immediately before receipt of the second net cash flow, the fund had a value of $45,000, and immediately before receipt of the third net cash ow, the fund had a value of $55,000. The value of the fund on 1 April 2015 was $65,.000. The money weighted rate of return per annum for the same period is Select one: a. 4.22% b. 6.19% c. 3.17% O d. 5.16% e. 8.41%
Leon Inc. will deposit $53,700 in a 15% fund at the end of each year for 10 years beginning December 31, 2020. Click here to view factor tables What amount will be in the fund immediately after the last deposit? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, eg. 458,581.) Amount in fund %$4
The fund balance in the beginning of the year is $300,000, revenues of the year is 1,595,000 and the expenditures are 1,587,000. What is the end of year fund balance? a. $ 308,000 O b. $ 292,000 c. $ 229,000 d. $ 380,000
You have $5,000 to invest You are comparing two investment funds. Fund A returns 4%/yr compounded monthly Fund B returns 4.05% compounded quarterly. Which should you choose and why?
Typed asap
6. Consider the following (incomplete) sinking fund schedule (table). Note that there is no payment at t = 2. You MUST show your work to answer each of the two parts of this problem. Time Interest Sinking Interest S.F. Bal. After Net in on Fund on Balance Years Loan Deposit $0 S.F. $0 Deposit on Loan $0 $0 $100 $2,000 1 $700 3 $795 $35.44 4. $0 (a) Find the net balance on loan at t = 3. (b) Find the sinking fund deposit at t= 4.