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7) (2 pts) At the end of 2014 you invested $1000 into a mutual fund. You invested another $2,500 into the mutual fund at the
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159 160 161 -1000 -2500 162 163 Year Value 2014 2015) 2016 2017 annual return 164 5682 23.4% 165

Formulas used

C165 =IRR(D161:D164,0.2)

Dollar Weighted annual return on investment = 23.4%

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