Assume an investor deposits $118,836 in a professionally managed account. One year later, the account has grown in value to $134,101 and the investor withdraws $35,400. At the end of the second year, the account value is $103,117. No other additions or withdrawals were made. 

Calculate the time-weighted return of portfolio during years 1 and 2.

Answer rating: 100% (QA)

Heres how we can calculate the timeweighted return for the given scenario Year 1 Initial value 11883... View the full answer