Dell Darling's portfolio is worth $12,000 at the beginning of a 30-day month. On day 10 of

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Dell Darling's portfolio is worth $12,000 at the beginning of a 30-day month. On day 10 of the month, Dell received a contribution to the portfolio of $800. At the end of the month, Dell's portfolio is worth $13,977.71. What was the dollar-weighted return on Dell's portfolio for the month?
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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