You are given the following information about an investment account for the year 2021: Date January 1 March 1 August 1 December 31 Value Immédiately Before Deposit 1060 1125 1200 1420 Deposit X 100 If the annual time-weighted yield rate for this account is 10%, compute the dollar- weighted yield rate, rounded to the nearest tenth of a percent.

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
ChapterP5: Part 5: Short-term Asset And Liability Management
Section: Chapter Questions
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You are given the following information about an investment account for the year
2021:
Value Immédiately Before
Deposit
1060
1125
1200
1420
Date
Deposit
January 1
March 1
August 1
December 31
100
If the annual time-weighted yield rate for this account is 10%, compute the dollar-
weighted yield rate, rounded to the nearest tenth of a percent.
Transcribed Image Text:You are given the following information about an investment account for the year 2021: Value Immédiately Before Deposit 1060 1125 1200 1420 Date Deposit January 1 March 1 August 1 December 31 100 If the annual time-weighted yield rate for this account is 10%, compute the dollar- weighted yield rate, rounded to the nearest tenth of a percent.
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