Assume initial fund is $2,000 and you withdraw all your account balance at the end of year
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Question:
Assume initial fund is $2,000 and you withdraw all your account balance at the end of year 4. Each cash inflow occurs at the end of each period.
year | returns | cash inflow |
1 | 8.5% | $5,000 |
2 | 10.5% | $6,000 |
3 | -5% | $1,000 |
4 | 6.45% | $0 |
What is the dollar-weighted return (IRR) for the fund results?
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0136126638
13th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
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