You have $196,000 in an investment account on January 1. Your investments do well and by...
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You have $196,000 in an investment account on January 1. Your investments do well and by August 30, the balance is $252,000. You add $43,000 to the account on September 1, taking your balance to $(252,000+43,000). By December 31 the investment account has a balance of $306,000. What is the Time-Weighted Rate of Return for the full year? You have $196,000 in an investment account on January 1. Your investments do well and by August 30, the balance is $252,000. You add $43,000 to the account on September 1, taking your balance to $(252,000+43,000). By December 31 the investment account has a balance of $306,000. What is the Time-Weighted Rate of Return for the full year?
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To calculate the timeweighted rate of return we need to consider the different periods and the corre... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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