Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Transcribed Image Text:Consider an investment fund that starts out with £160,000.
After one year, the value of the fund is £166,000. The investor deposits an additional £19,000 to the fund.
After a second year, the value of the fund is £182,000. The investor withdraws £44,000.
After a third year, the value of the investment fund is worth £143,000.
Compute the money-weighted rate of return
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Enter a percentage correct to 1 decimal place
%
Compute the time-weighted rate of return
数字
Enter a percentage correct to 1 decimal place
%
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