What is gretchen dollar-weighted rate of return

Assignment Help Financial Management

Reference no: EM131875299

Gretchen invests 6200 dollars in a mutual fund on January 1. On March 1, she learns that her fund balance is 3400 dollars, and she then withdraws 1300 dollars. On August 1, her fund balance is 8600 dollars, and she then deposits 1000 dollars. On the following January 1, her fund balance is 7900 dollars. What is Gretchen's dollar-weighted rate of return? (Assume simple interest and months of equal length.)

Answer = percent.

Reference no: EM131875299

Questions Cloud

Time adventures is going to pay annual dividend : Winter Time Adventures is going to pay an annual dividend of $2.73 a share on its common stock next week.

Company power plant is producing too much air pollution : Your boss believes the company's power plant is producing too much air pollution on a typical island.

Statement of cash flows using the indirect method : Prepare the cash flows from operating activities section only of the company’s 2017 statement of cash flows using the indirect method.

Liquidity premium on squire bonds in percent : What is the liquidity premium (LP) on Squire's bonds in percent?

What is gretchen dollar-weighted rate of return : On the following January 1, her fund balance is 7900 dollars. What is Gretchen's dollar-weighted rate of return?

Bond trading on the secondary market : Crimson Tide Incorporated has a bond trading on the secondary market that will mature in six years.

Nominal rates of interest convertible quarterly : what are the possible nominal rates of interest convertible quarterly?

What is the current value of one share of stock : What is the current value of one share of this stock if the required rate of return is 8.25 percent?

Calculate watervan economic value added : What is the company’s return on capital? Calculate Watervan’s economic value added (EVA).

User Account

All Pages