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A. Joe is the fund manager. His fund begins with $10 million and has the following monthly returns: Compute the time-weighted average monthly return plus

A. Joe is the fund manager. His fund begins with $10 million and has the following monthly returns: Compute the time-weighted average monthly return plus 0.88% per month minus 1.88% per month plus 1.88% per month minus 0.88% per month

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