Assume you have the following information with respect to the amount of investments you have, assigned to three portfolio managers who work for you: Manger A Manager B Manager C Amount of investment 10,000 15,720 30,500 Day of investment 5 February 18 March 20 April Market value of the investment at the end of the year 12,530 18,912 35,640 Assume the number of days in the year is 360 days whereas each month is 30 days You need to answer the following: The compound rate of return for each manager Your portfolio rate of return at the end of the year If you withdrew 4,500 at May 15th and 2,300 at Sept. 10th from your portfolio, what would be your portfolio rate of return at the end of the year?
Assume you have the following information with respect to the amount of investments you have, assigned to three portfolio managers who work for you: Manger A Manager B Manager C Amount of investment 10,000 15,720 30,500 Day of investment 5 February 18 March 20 April Market value of the investment at the end of the year 12,530 18,912 35,640 Assume the number of days in the year is 360 days whereas each month is 30 days You need to answer the following: The compound rate of return for each manager Your portfolio rate of return at the end of the year If you withdrew 4,500 at May 15th and 2,300 at Sept. 10th from your portfolio, what would be your portfolio rate of return at the end of the year?
Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter2: Descriptive Statistics
Section: Chapter Questions
Problem 17P: Suppose that you initially invested 10,000 in the Stivers mutual fund and 5,000 in the Trippi mutual...
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Question
- Assume you have the following information with respect to the amount of investments you have, assigned to three
portfolio managers who work for you:
|
Manger A |
Manager B |
Manager C |
|
|
Amount of investment |
10,000 |
15,720 |
30,500 |
|
Day of investment |
5 February |
18 March |
20 April |
|
Market value of the investment at the end of the year |
12,530 |
18,912 |
35,640 |
|
Assume the number of days in the year is 360 days whereas each month is 30 days |
You need to answer the following:
- The compound
rate of return for each manager - Your portfolio rate of return at the end of the year
- If you withdrew 4,500 at May 15th and 2,300 at Sept. 10th from your portfolio, what would be your portfolio rate of return at the end of the year?
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