question archive You invest 2400 dollars in a mutual fund on January 1
You invest 2400 dollars in a mutual fund on January 1
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You invest 2400 dollars in a mutual fund on January 1. On June 1, your fund balance is 7200 dollars, and you then deposit 1400 dollars additionally. On the following January 1, you calculate that your dollar-weighted rate of return for the year was 58,6 percent. What was your time-weighted rate of return for the year (in percents)?
