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Use the Excel function XIRR to calculate the dollar-weighted average return between the first and final dates. Note: Round your answer to 2 decimal places. > Answer is complete but not entirely correct. Dollar-weighted average 26.93 %

Use the Excel function XIRR to calculate the dollar-weighted average return between the first and final dates. Note: Round your answer to 2 decimal places. > Answer is complete but not entirely correct. Dollar-weighted average 26.93 %

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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A household savings-account spreadsheet shows the following entries: Date 1/1/2022 1/3/2022 3/20/2022 7/5/2022 12/2/2022 3/10/2023 4/7/2023 5/3/2023 Additions 2,500 4,000 1,500 13,460 3,000 Withdrawals Dollar-weighted average 23,000 Value 148,000 198,000 Use the Excel function XIRR to calculate the dollar-weighted average return between the first and final dates. Note: Round your answer to 2 decimal places. Answer is complete but not entirely correct. 26.93 %
Transcribed Image Text:A household savings-account spreadsheet shows the following entries: Date 1/1/2022 1/3/2022 3/20/2022 7/5/2022 12/2/2022 3/10/2023 4/7/2023 5/3/2023 Additions 2,500 4,000 1,500 13,460 3,000 Withdrawals Dollar-weighted average 23,000 Value 148,000 198,000 Use the Excel function XIRR to calculate the dollar-weighted average return between the first and final dates. Note: Round your answer to 2 decimal places. Answer is complete but not entirely correct. 26.93 %
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