Dollar weighted and time weighted rates of return

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Suppose that you open a mutual fund account with a deposit of 530 dollars. 6 months later, the fund balance is 590 dollars, and you withdraw 216 dollars. A year after the account was opened, your balance is XX dollars. If the dollar weighted and time weighted rates of return were the same, what is the rate of return? (Assume simple interest for the dollar weighted calculation.)

Reference no: EM131515133

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