Wendel invested 5800 in a mutual fund on january 1 2007 on, Ask an Expert

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Wendel invested $5800 in a mutual fund on January 1, 2007. On June 1, 2009, his fund balance was $3000. Wendel noticed the decline, and withdrew $1300. On September 1, 2012, his fund balance was $9000, and he then invested an additional $1500. Finally, on January 1, 2015, his fund balance is $7300. What is Wendel's annual time-weighted rate of return?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92305868

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