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Can I have an explaination of why (a) is correct? A8. If the highest returns on a portfolio are obtained in times of largest investments,

Can I have an explaination of why (a) is correct?
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A8. If the highest returns on a portfolio are obtained in times of largest investments, the portfolio's dollar-weighted return will be its time- weighted return. X. a) higher than b) the same as c) less than d) exactly proportional to e) more information is necessary to answer this

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