You are saving for retirement. On April 1, you deposit $504 in your target-date fund. By May 15, your initial deposit is worth $521 and you deposit an additional $299 at that time. On August 15, your account shows a value of $842 and you make a further deposit of $255. On November 30, your account shows a balance of $1,074. What is your time-weighted return (in percent) for the period April 1 - November 30? Answer to two decimals. Carry intermediate calculations to six decimals

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Step 12 The timeweighted return TWR which accounts for any contributions or withdrawals made through... View the full answer