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A . Joe is the fund manager. His fund begins with $ 1 0 million and has the following monthly returns: table [ [

A. Joe is the fund manager. His fund begins with $10 million and has the following monthly returns:
\table[[, Month,1,2,3],[Net inflows ($ million),3,5,(18.486)],[HPR (%),2,8,(4)]]
Compute the dollar-weighted average monthly return
1.07% return per month
1.17% return per month
2.17% return per month
2.07% per month
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