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2. (5 points) An association had a balance of $200 at the end of the day on Dec 31, 2017. In the next year, it

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2. (5 points) An association had a balance of $200 at the end of the day on Dec 31, 2017. In the next year, it had quarterly deposits of 25 on the last days of each quarter (Mar 31, Jun 30, Sep 30, Dec 31). The association also had withdrawals of 30 on Feb 28 and 60 on June 30, and ended 2018 with a balance of 250 on Dec 31. Calculate the association's dollar-weighted rate of return for the year 2018. A. 22% B. 21% C. 20% D. 19% E. 18%

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