Consider a portfolio that has a value of $5 at the beginning of January, with returns of
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Consider a portfolio that has a value of $5 at the beginning of January, with returns of –5%, 10%, and 10% in January, February, and March, respectively. If there are no cash contributions or withdrawals during the three months, what is the money-weighted average monthly rate of return?
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Related Book For 
The Basics Of Finance An Introduction To Financial Markets Business Finance And Portfolio Management
ISBN: 9780470609712
1st Edition
Authors: Pamela Peterson Drake, Frank J. Fabozzi
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