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An association had a fund balance of 75 on January 1 and 60 on December 31. At the end of every month during the year,

An association had a fund balance of 75 on January 1 and 60 on December 31. At the end of every month during the year, the association deposited 10 from membership fees. There were withdrawals of 5 on February 28, 25 on June 30, 80 on October 15, and 35 on October 31. Calculate the dollar-weighted rate of return for the year.image text in transcribed

An association had a fund balance of 75 on January 1 and 60 on December 31 . At the end of every month during the year, the association deposited 10 from membership fees. There were withdrawals of 5 on February 28, 25 on June 30,80 on October 15, and 35 on October 31. Calculate the dollar-weighted rates of return for the vear

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