A Portfolio Had a Value of $10 Million at the Beginning

question 39

Multiple Choice

A portfolio had a value of $10 million at the beginning of a quarter and a value of $102 million half way through the quarter. At this point, there was a deposit of $2 million and the portfolio value at the end of the quarter was $105 million. The time-weighted return for the quarter was

• A) 2.98%.
• B) -.96%.
• C) 1.99%.
• D) 4.21%.

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Definitions:

Basic Problem Solving

The process of identifying a problem, determining the cause, and finding an effective solution through a series of steps.

Transformational Change

A profound, radical shift that fundamentally alters the culture, operations, and direction of an organization, often in response to significant external pressures.

Dramatic Shifts

Significant changes or transformations that occur abruptly, altering the status quo.

Vision

A clear and aspirational idea of what one wants to achieve in the future.