Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / You invest 2400 dollars in a mutual fund on January 1

You invest 2400 dollars in a mutual fund on January 1

Finance

You invest 2400 dollars in a mutual fund on January 1. On a June 1, your fund balance is 7200 dollars, and you then deposit 1400 dollars additionally. On the following January 1, you calculate that your dollar-weighted rate of return for the year was 51.7 percent. What was your time-weighted rate of return for the year (in percents)?

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE