Answer Happy

Please compute the Asset Weight Composite Return and Equally Weighted Dispersion Around Asset Weighted Composition Return for Table 2. (with accuracy up to 3 decimal places in %). Note that Client C terminated the account at the end of Year 2 with balance of $272.16m. Show the working clearly. Otherwise, zero mark will be given Table 2 Year 0 1 2 2 3 3 4 5% 15% Returns Client A Client B Client 10% 8% 10% 8% 8% 8% 8% 5% End of Period Assets ($ millions) Client A Client B Client C TOTAL Number of Portfolios Beginning Balance 60 180 240 66.00 72.60 76.23 87.66 194.40 209.95 226.75 244.89 259.20 272.16 519.60 554.71 302.98 332.55 480 3 3 3 2 2 Asset Weighted Composite Return - Equally Weighted Dispersion Around Asset Weighted Composite Return Year 1: Return = same as Year 1 of Table 1 Dispersion = same as Year 1 of Table 1 Year 2: Return = same as Year 2 of Table 1 Dispersion = same as Year 2 of Table 1 Year 3: Return = Dispersion = Year 4: Return = Dispersion =