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Additional Problem 5-2 You are the manager of the Mighty Fine mutual fund. The following table reflects the activity of the fund during the last
Additional Problem 5-2 You are the manager of the Mighty Fine mutual fund. The following table reflects the activity of the fund during the last quarter. The fund started the quarter on January 1 with a balance of $80 million. Mighty Fine Mutual Fund Monthly Data (measured at end of month) January February Net inflows ($ million) 4.9 -4.8 HPR (%) -1.10 5.90 March 0 5.80 a. Calculate the quarterly arithmetic average return on the fund. (Round your answer to 2 decimal places.) Arithmetic average % b. Calculate the quarterly geometric (time-weighted) average return on the fund. (Round your answer to 2 decimal places.) Geometric average % c. Calculate the quarterly dollar-weighted average return on the fund. (Round your answer to 2 decimal places.) Dollar-weighted average return % X This is a numeric cell, so please enter numbers only
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