You are given the following information about an investment account: i) The account values (before deposit or
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Question:
You are given the following information about an investment account:
i) The account values (before deposit or withdrawal) are 100 on January 1, 2017, 108 on March 1, 2017, 102 on April 1, 2017, 118 on T, 2017 and 130 0n January 1, 2018.
ii) Deposits of 20 and X are made on April 1, 2017 and T, 2017, respectively.
iii) A withdrawal of 12 is made on March 1, 2017.
iv) The time-weighted yield is 13.61%, and the dollar-weighted yield rate is 12.04%.
A. May 1
B. July 1
C. September 1
D. October 1
E. November 1
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