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At the beginning of a year, an investment fund was established with an initial deposit of $3000. At the end of six months, a new
At the beginning of a year, an investment fund was established with an initial deposit of $3000. At the end of six months, a new deposit of $1500 was made. Withdrawals of $500 and $800 were made at the end of four months and eight months respectively. The amount in the fund at the end of the year is $3,876. Find the dollar-weighted return.
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