For an investment account, you are given the following information on the in- vestment activity that takes place during the year: 1/1/20 | 7/1/20 | 10/1/20 1/1/21 $120 Date Account Value before deposit or withdrawal Deposit Withdrawal $100 $110 $100 8X 2X 19.6078%. Find the annual The approximate annual dollar-weighted yield rate is idw time-weighted yield rate itw.
For an investment account, you are given the following information on the in- vestment activity that takes place during the year: 1/1/20 | 7/1/20 | 10/1/20 1/1/21 $120 Date Account Value before deposit or withdrawal Deposit Withdrawal $100 $110 $100 8X 2X 19.6078%. Find the annual The approximate annual dollar-weighted yield rate is idw time-weighted yield rate itw.
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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Question
The Deposit value on 10/1/20 is 4X. Not 8X.
Transcribed Image Text:17.
For an investment account, you are given the following information on the in-
vestment activity that takes place during the year:
Date
1/1/20 7/1/20 10/1/20 1/1/21
$100
8X
$100
$110
$120
Account Value before deposit or withdrawal
Deposit
Withdrawal
2X
19.6078%. Find the annual
The approximate annual dollar-weighted yield rate is idw
time-weighted yield rate itw.
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