Скачать или смотреть SOA/FM SAMPLE QUESTION

174.
On January 1, an investor placed 4000 in a fund.
The balance grew to 4320 on July 1. The investor then deposited an amount X. After the deposit, the balance increased by 9% from July 1 to December 31.
What is the effect on the annual effective yield rate and the time-weighted rate of return of increasing the value of X?
(A) The yield rate increases; the time-weighted rate remains unchanged.
(B) The yield rate increases; the time-weighted rate increases.
(C) The yield rate decreases; the time-weighted rate increases.
(D) The yield rate decreases; the time-weighted rate decreases.
(E) The yield rate decreases; the time-weighted rate remains unchanged.