Under the time-weighted return method, cash flows and fund values are given below. Subscripts denote...

70.2K

Verified Solution

Question

Accounting

image

Under the time-weighted return method, cash flows and fund values are given below. Subscripts denote either the fund value at the beginning of the year or time of the cash flows just after valuing the fund. Fund values: Fo = 100 Cash flows: F1 = 110 C1=-20 F2 = 105 + X C2 = 10 +X F3 = 85 F4 = F1 = 110 C3 = 15 The fund earns an annual time-weighted return of 5%. Calculate X. O a) 27.43 Ob) 26.92 O c) 10.13 O d) 15.36 Oe) 20.30 Under the time-weighted return method, cash flows and fund values are given below. Subscripts denote either the fund value at the beginning of the year or time of the cash flows just after valuing the fund. Fund values: Fo = 100 Cash flows: F1 = 110 C1=-20 F2 = 105 + X C2 = 10 +X F3 = 85 F4 = F1 = 110 C3 = 15 The fund earns an annual time-weighted return of 5%. Calculate X. O a) 27.43 Ob) 26.92 O c) 10.13 O d) 15.36 Oe) 20.30

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students