At the beginning of 2014, you invested $1,000 in the Fidelity Low Price Stock Fund. Three...
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At the beginning of 2014, you invested $1,000 in the Fidelity Low Price Stock Fund. Three months later (at the beginning of April), your investment was valued at $900. In the mid of 2014, your investment in the Fund was valued at $1,100. (a) What was your annual return? (b) At the beginning of April, if you added $100 to the Fund, leaving, therefore, $1000 invested in the Fund. What was your total investment value in the mid of 2014? (c) What was your dollar weighted annual return in (b)? (d) What was your time weighted annual return in (b)? At the beginning of 2014, you invested $1,000 in the Fidelity Low Price Stock Fund. Three months later (at the beginning of April), your investment was valued at $900. In the mid of 2014, your investment in the Fund was valued at $1,100. (a) What was your annual return? (b) At the beginning of April, if you added $100 to the Fund, leaving, therefore, $1000 invested in the Fund. What was your total investment value in the mid of 2014? (c) What was your dollar weighted annual return in (b)? (d) What was your time weighted annual return in (b)?
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To calculate the annual return we need to determine the investments value at the end of the year a To calculate the annual return Initial investment v... View the full answer
Related Book For
Introduction To Federal Income Taxation In Canada
ISBN: 9781554965021
33rd Edition
Authors: Robert E. Beam, Stanley N. Laiken, James J. Barnett
Posted Date:
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