单选题

An investor's transaction in a mutual fund and the fund's returns over a four-year period are provided in the following table:

  Year
  1 2 3 4
New investment at the beainnina of the Year(US$) 2,500 1,500 1,000 0
Investment return for the Year -20% 65% -25% 10%
Withdrawal by investor at the end of the rear(US$) 0 -500 -500 0

based on this data,the money-weighted return(or internal rate of return)for the investor is closest to:

【正确答案】 C
【答案解析】


The money weighted return is calculated by solving for/in the following equation: