5. Assume the following data for a hypothetical investment account. Considering the material on Arithmetic, Geometric, Time-Weighted and Dollar-Weighted returns,answer the following questions:

A. Compute and fill in the missing values (highlighted in yellow):

Year:	0	1	2	3
Beginning Market Value		$1,000,000	$2,250,000	$480,000
Total Return During the Year		$250,000	($270,000)	$72,000
Cash In/Out at "year end"	$1,000,000	$1,000,000	($1,500,000)	$0
Ending Market Value	$1,000,000	$2,250,000	$480,000	$552,000
Holding Period Returns (HPRs):

		Arithmetic Average Return
		Geometic Average Return
		Time-Weighted Return (TWR)

Hint: Geo = TWR so long as CFs coincide with HPR periods.

			Cash In and Out (and Ending MV)
			0	1		2		3
		Dollar-Weighted Return (DWR)

Hint: You need the periodic cash flows and ending market value to compute DWR.