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A. You wish to analyze the performance of a mutual fund for the first three calendar quarters of 2022, but all the information you have

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A. You wish to analyze the performance of a mutual fund for the first three calendar quarters of 2022, but all the information you have are the beginning and ending net assets of the Fund for each quarter plus the net contributions or withdrawals for each quarter. Here is that data: Note: Assets Under Management (AUM) amounts are in $ billions. (i) Assuming all new investments and withdrawals into and out of the Fund were made at the very end of each quarter (i.e., prior to the start of the next quarter) and the Fund made no distributions whatsoever during these nine months, calculate the Fund's returns (i) in percentage terms and (ii) in dollar terms for each of these three quarters. (10 points) (ii) What is the Fund's full percentage return over this nine month period? (4 points) (iii) What is the Fund's effective annualized return? What is its effective quarterly return? (6 points) A. You wish to analyze the performance of a mutual fund for the first three calendar quarters of 2022, but all the information you have are the beginning and ending net assets of the Fund for each quarter plus the net contributions or withdrawals for each quarter. Here is that data: Note: Assets Under Management (AUM) amounts are in $ billions. (i) Assuming all new investments and withdrawals into and out of the Fund were made at the very end of each quarter (i.e., prior to the start of the next quarter) and the Fund made no distributions whatsoever during these nine months, calculate the Fund's returns (i) in percentage terms and (ii) in dollar terms for each of these three quarters. (10 points) (ii) What is the Fund's full percentage return over this nine month period? (4 points) (iii) What is the Fund's effective annualized return? What is its effective quarterly return? (6 points)

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