Question: Please help me to get the correct answer. Thank you You are given the following information with respect to an investment fund: Calendar Year 2021
You are given the following information with respect to an investment fund: Calendar Year 2021 2022 2013 2014 Fund Value on Fund Value on January 1 June 30 $50,000 $55,000 $66,000 $76,000 $86,000 $98,000 $112,000 Net Cash Flow Received on July 1 $4,000 $4,000 The time-weighted rate of return during the period from January 1, 2021 until January 1, 2024 is 25%. Calculate X. X One possible correct answer is: 1535.576949
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