Money market instruments, The Millers have recently

Money market instruments

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Reference no: EM13768132

The Millers have recently experienced some unexpected expenses and had to make two consecutive withdrawals from their portfolio: $7500 on March 13, 2015 and another $11000 on the last day of March. What is the time-weighted return of their portfolio for March 2015, if at the beginning of the month they held $23000 in stocks, $18000 in bonds and $9500 in money market instruments?

Reference no: EM13768132

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