calculate time wighted rate of return
anybody help ?
an analyst gathered the following info ( million ) about the performance of a portfolio:
quarter value at beginning cash in(out) at begin value at end
1 2.00 0.20 2.40
2 2.40 0.40 2.60
3 2.60 (0.20) 3.20
4 3.20 1.00 4.10
the portfolio's annual time weighted rate of return is closest to ???? |