Business, 16.08.2020 01:01, azibur3191
On January 1, 1997, Brian’s stock portfolio is worth $100,000. On September 30, 1997, $5,000 is withdrawn from the portfolio, and immediately after this withdrawal the portfolio has a value of $105,000. Twelve months later, the value of the portfolio is $108,000, and Brian adds $3,000 worth of stock to his portfolio. On December 31, 1998, the portfolio is worth $100,000. What is the two-year time-weighted rate of return for Brian’s stock portfolio?
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On January 1, 1997, Brian’s stock portfolio is worth $100,000. On September 30, 1997, $5,000 is with...
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