At the beginning of the year, an investment fund was established with aninitial deposit of 1,000. A new deposit of 1,000 was made at the end of 4 months. Withdrawals of 200 and 500 were made at the end of 6 months and 8 months, respectively. The amount in the fund at the end of the year is 1560. Calculate the dollar-weighted yield rate earned by this fund during the year.
a. 28.89%.
b. 26.00%.
c. 22.61%.
d. 20.00%.
e. 18.57%.