Question: Show all works, and please calculate it with math steps AND DON'T USE financial calculator!! Thank you! The dollar-weighted yield on the following account is
Show all works, and please calculate it with math steps AND DON'T USE financial calculator!! Thank you!
The dollar-weighted yield on the following account is 8.8524%. Which of the following date is correct for T? (a) August 1; (b) September 1; (c) October 1; (d) November 1; (e) December 1. Show your steps. Date Fund value before activity Deposit Withdrawal January 1 $1000 March 1 $1020 60 T $1110 December 31 $1050 100
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