Business, 03.11.2020 17:00 deonnaturner68p7hz7y

Abiyote invested $24,500 on January 1, 1994 in the Utopia Fund. On May 1, 1995, his balance was $28,212 and he withdrew $10,000. On December 1, 1995, his balance was $15,892, and he deposited $8,000. On January 1, 1997 his balance was $30,309. (a) Find the annual time-weighted yield for the Utopia Fund for the threeyear period from January 1, 1994 until January 1, 1997. (b) Find an approximate annual dollar-weighted yield received by Abiyote for the three-year period from January 1, 1994 until January 1, 1997 using (2.6.5) (c) (recommended for those with a BA II Plus calculator ) Find the dollarweighted yield received by Abiyote for the three-year period from January 1, 1994 until January 1, 1997, correct to the nearest millionth of a percent. (d) Compare the time-weighted yield experienced by the Utopia Fund and the dollar-weighted yield received by Abiyote from his investment in the Utopia Fund. Discuss why the inequality between them is in the direction it is.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 23:30

On september 12, ryan company sold merchandise in the amount of $5,800 to johnson company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. ryan uses the periodic inventory system and the net method of accounting for sales. on september 14, johnson returns some of the non-defective merchandise, which is restored to inventory. the selling price of the returned merchandise is $500 and the cost of the merchandise returned is $350. the entry or entries that ryan must make on september 14 is (are): multiple choice sales returns and allowances 490 accounts receivable 490 merchandise inventory 350 cost of goods sold 350 sales returns and allowances 490 accounts receivable 490 sales returns and allowances 500 accounts receivable 500 sales returns and allowances 490 accounts receivable 490 merchandise inventory 343 cost of goods sold 343 sales returns and allowances 350 accounts receivable 350

Answers: 1

Answer

Business, 22.06.2019 03:30

When the federal reserve buys and sells bonds to member banks, it is called a. monetary policy b. reserve ratio c. interest rate adjustment d. open market operations

Answers: 2

Answer

Business, 22.06.2019 05:50

Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes

Answers: 2

Answer

Business, 22.06.2019 06:00

Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.

Answers: 1

Answer

You know the right answer?

Abiyote invested $24,500 on January 1, 1994 in the Utopia Fund. On May 1, 1995, his balance was $28,...

Questions