Question: please give hand written solutions. avoid excel please [1 mark] 8. The following data relate to the assets of a small trust fund: Date Market
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please give hand written solutions. avoid excel please
[1 mark] 8. The following data relate to the assets of a small trust fund: Date Market Value (5) January 1, 2017 25,000 April 1, 2017 29,000 July 1, 2017 30,000 October 1, 2017 32,000 January 1, 2018 31,500 The only cash flow during 2017 that was not generated from the assets of the fund has an injection of $5000 on March 31st. Calculate the time-weighted rate of return for this fund for 2017 A. 3.54% B. 4.28% C. 5.20% D. 6.53% [1 mark]
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