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22. Given the cash flows below, answer the following question (provide your answer and show your work in your uploaded document) (maximum points: 3.33) Date
22. Given the cash flows below, answer the following question (provide your answer and show your work in your uploaded document) (maximum points: 3.33)
Date Cash Flow Balance
7/1 Begin 2,150
7/31 ------ 2,280
8/1 $180 2,460
8/31 ------ 2,561
9/1 $100 2,661
9/30 End 2,500
Calculate the average monthly rate of return using the money (dollar)-weighted method over the three months provided here (round your answer to 3 decimals in the form 0.000) Show your work in the uploaded document:
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