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An investment manager had a fund of 100,000 at the start of the year 2006. On May 1st that fund had risen to 108,000 and a new deposit of 20,000 was made.

On December 1st the fund balance was 130,000 and a withdrawal of 12,000 was made. At year end the account balance was 110,000. Find the time weighted rate of return and the dollar weighted rate of return. (Type your answer in the format of xx.xx% and yy.yy%)

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92714999

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