Question: 4. Fund X has unit values which 1.0 on January 1, 2015, 0.8 on July 1 2015, and 1.0 on January 1 2016. A fund

4. Fund X has unit values which 1.0 on January 1, 2015, 0.8 on July 1 2015, and 1.0 on January 1 2016. A fund manager receives a contribution of 100,000 on January 1 2015 and 100,000 on July 12015 and immediately uses the entire contribution to purchase units to fund X. Find the time weighted and dollar- weighted rates of return in 2015. (Answer ir =0) and ip = 0.1667) 4. Fund X has unit values which 1.0 on January 1, 2015, 0.8 on July 1 2015, and 1.0 on January 1 2016. A fund manager receives a contribution of 100,000 on January 1 2015 and 100,000 on July 12015 and immediately uses the entire contribution to purchase units to fund X. Find the time weighted and dollar- weighted rates of return in 2015. (Answer ir =0) and ip = 0.1667)
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