On january 1 an investment account is worth 500 on july 1, Financial Management

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On january 1 an investment account is worth 500 on july 1

On January 1, an investment account is worth 500. On July 1, the value has increased to 600 and W is withdrawn from the account. On November 1, the value is 280 and 120 is deposited in the account. On January 1 of the following year, the investment account is worth 500. The time-weighted rate of return is 5%. Calculate the dollar-weighted rate of return.

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Financial Management: On january 1 an investment account is worth 500 on july 1

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