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A pension fund that begins with $500,000 earns 15% the first year and 10% the second year. At the beginning of the second year, the
A pension fund that begins with $500,000 earns 15% the first year and 10% the second year. At the beginning of the second year, the sponsor contributes another $300,000. Using a ba II plus calcuate the dollar-weighted rate of return.
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