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1a) Please compute the Aggregate Return and Aggregate Dispersion for Table 1 using Formula. (with accuracy up to 3 decimal places in %) (4

1a) Please compute the Aggregate Return and Aggregate Dispersion for Table 1 using Formula. (with accuracy up to 3 decimal places in %) (4 marks) Table 1. End of Year 2017 2018 2019 2020 2021 Returns Client A 11% 10% 9% 8% Client B 10% 9% 8% 7% Client C 9% 8% 6% Asset Amount (in Smillion) Client A 50 55.500 61.050 66.545 71.868 Client B 100 110.000 119.900 129.492| 138.556 Client C 150 163.500 176.580 188.941 200.277 TAL 300 329.000 357.530 384.977 410.702 Aggregate Return RaD18 R2019 R2020 R2021 Aggregate Dispersion G2021 1.b) Please compute the Aggregate Return and Aggregate Dispersion for Table 2 using Formula. (with accuracy up to 3 decimal places in %) (4 marks) Note that Client C terminated the account at the end of 2017 with balance of $163.5m. End of Year 2017 2018 2019 2020 2021 Returns Client A 11% 10% 9% 8% Client B 10% 9% 8% 7% Client C 9% Asset Amount (in $million) Client A 50 55.500 61.050 66.545 71.868 Client B 100 110.000 119.900 129.492 | 138.556 Client C 150 163.500 329.000 180.950 196.037 210.425 TOTAL 300 Aggregate Return R2019 Ra020 R021 Aggregate Dispersion O2019 O021 1.c) Under ethical reporting of investment performance, should the Fund Manager include or exclude the performance of Client C when he aggregates the returns of his clients for 2018, 2019, 2020 and 2021? Please fill in "Include" or "Exclude" in the table below (2 marks). 1.d) Should he use asset-weighted or equally-weighted when he computes the aggregate return? (2 marks] 1.e) Should he use asset-weighted or equally-weighted when he computes the aggregate dispersion? (2 marks)

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