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An association had an initial balance of $200 on 1st Jan and also had deposits of $25 on 31st March, 30th June and 30th Sep. The association had a withdrawal of $30 on 28th Feb, a withdrawal of $60 on 30th June and ended with a balance of $250 on 31st Dec. Calculate their dollar weighted rate of return.

An association had an initial balance of $200 on 1st Jan and also had deposits of $25 on 31st March, 30th June and 30th Sep. The association had a withdrawal of $30 on 28th Feb, a withdrawal of $60 on 30th June and ended with a balance of $250 on 31st Dec. Calculate their dollar weighted rate of return.

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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An association had an initial balance of $200 on 1st Jan and also had deposits of $25 on 31st March, 30th June and 30th Sep. The association had a withdrawal of $30 on 28th Feb, a withdrawal of $60 on 30th June and ended with a balance of $250 on 31st Dec. Calculate their dollar weighted rate of return.
Transcribed Image Text:An association had an initial balance of $200 on 1st Jan and also had deposits of $25 on 31st March, 30th June and 30th Sep. The association had a withdrawal of $30 on 28th Feb, a withdrawal of $60 on 30th June and ended with a balance of $250 on 31st Dec. Calculate their dollar weighted rate of return.
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