For each the last six quarters, Managers L and M have provided you with the total dollar value of the funds they manage, along with the quarterly contributions or withdraw indicated by positive numbers, withdrawals by negative numbers) Quarter Intial 1 2 3 4 MANAGER L Total Funds Under Management $487,000 503,000 545,000 531,000 555,000 590,000 Contributions/ withdrawals 11,000 9,500 16,500 4,500 13,000 a money weighted retum. Do not round intermediate calculations. Round your answers to two deomal places Moner weighed return (Hanager 13 Money weighted reture (Manager M her time-weghted return. Do not round intermediate calculations. Round your answers to two decimal places MANAGER M Total Funds Contributions/ Under Management withdrawals $600,000 493,000 655,000 630,000 611,000 624,000 -29,000 -29,000 -29,000 -29,000 -29,000 made by their clients. (Note: Contr Time weighted turn (Manager M estimates of her quarterly performance retums using the Dietz approximation method, assuming contributions/withdrawals are made exactly halfway through the quarter. De not round intermediate calculations Round your answers to two decimal places. Use a minus sign to enter negative values, if any Quarter Return (Manager L) Return (Manager M)
For each the last six quarters, Managers L and M have provided you with the total dollar value of the funds they manage, along with the quarterly contributions or withdraw indicated by positive numbers, withdrawals by negative numbers) Quarter Intial 1 2 3 4 MANAGER L Total Funds Under Management $487,000 503,000 545,000 531,000 555,000 590,000 Contributions/ withdrawals 11,000 9,500 16,500 4,500 13,000 a money weighted retum. Do not round intermediate calculations. Round your answers to two deomal places Moner weighed return (Hanager 13 Money weighted reture (Manager M her time-weghted return. Do not round intermediate calculations. Round your answers to two decimal places MANAGER M Total Funds Contributions/ Under Management withdrawals $600,000 493,000 655,000 630,000 611,000 624,000 -29,000 -29,000 -29,000 -29,000 -29,000 made by their clients. (Note: Contr Time weighted turn (Manager M estimates of her quarterly performance retums using the Dietz approximation method, assuming contributions/withdrawals are made exactly halfway through the quarter. De not round intermediate calculations Round your answers to two decimal places. Use a minus sign to enter negative values, if any Quarter Return (Manager L) Return (Manager M)
Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter3: Data Visualization
Section: Chapter Questions
Problem 6P: The file MutualFunds contains a data set with information for 45 mutual funds that are part of the...
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