Question: *Please show all work and explain steps* Please explain how your value for T corresponds to the date Date Balance before Activity Deposits Withdrawals Deposits
*Please show all work and explain steps*

Please explain how your value for T corresponds to the date
Date Balance before Activity Deposits Withdrawals Deposits Withdrawals Date Withdrawals January 1 March 1 Balance before Activity 1,000 1,200 1,600 2,000 1,300 300 600 September 1 December 31 The dollar-weighted return is 7.41% and the time-weighted return is 13.2%. Determine T (to the nearest date). (A) June 1 (B) June 15 (C) July 1 (D) July 15 (E) August 1 Date Balance before Activity Deposits Withdrawals Deposits Withdrawals Date Withdrawals January 1 March 1 Balance before Activity 1,000 1,200 1,600 2,000 1,300 300 600 September 1 December 31 The dollar-weighted return is 7.41% and the time-weighted return is 13.2%. Determine T (to the nearest date). (A) June 1 (B) June 15 (C) July 1 (D) July 15 (E) August 1
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