Question: What is the dollar weighted return: The solution is IRR = .0388 or 3.38% but, I'm not sure how they solved it. - 1 8

What is the dollar weighted return:

What is the dollar weighted return: The solution is IRR = .0388

The solution is IRR = .0388 or 3.38% but, I'm not sure how they solved it.

- 1 8 .96 0= -1.0+7 - 1+ IRR +- -.5 (1 + IRR)2 *IRP (1 + IRR) 3 (1 + IRR)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!