Suppose a bond fund has an initial portfolio value of $100 million. The following table provides the market value of the portfolio at the end of each of the next four months Assuming this fund experiences no cash withdrawals or contributions over this period, what is the portfolio's dollar-weighted return over this four-month evaluation period? Market value ($ millions) 50 Month 150 75 120 O 4.47% O 4.66% 4.29% 4.85%

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
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Suppose a bond fund has an initial portfolio value of $100 million. The following table provides the market value of the portfolio at the end of each of the next four months
Assuming this fund experiences no cash withdrawals or contributions over this period, what is the portfolio's dollar-weighted return over this four-month evaluation periad?
Month
Market value ($ millions)
50
150
75
120
O447%
4.66%
4.29%
O4.85%
Transcribed Image Text:Suppose a bond fund has an initial portfolio value of $100 million. The following table provides the market value of the portfolio at the end of each of the next four months Assuming this fund experiences no cash withdrawals or contributions over this period, what is the portfolio's dollar-weighted return over this four-month evaluation periad? Month Market value ($ millions) 50 150 75 120 O447% 4.66% 4.29% O4.85%
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