On the following january 1 his fund balance is 3700 what is, Financial Management

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On the following january 1 his fund balance is 3700 what is

Question

Wilson invests $3000 in a mutual fund on January 1. On May 1, his fund balance is $7600, and he withdraws $1100. On the following January 1, his fund balance is $3700. What is Wilson's time-weighted rate of return?

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Financial Management: On the following january 1 his fund balance is 3700 what is

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