For each of the last six quarters, Managers and have provided you with the total dollar value of the funds they manage, along with the quarterly contributions or withdraw made by their clients. (Note: Contributions are indicated by positive numbers, withdrawals by negative numbers.) MANAGER L MANAGER M Total Funds Contributions/ Quarter Total Funds Under Management Contributions/ withdrawals Under Management withdrawals Initial 5503,000 $716,000 1 533,000 13,000 682,000 -32,000 2 545,000 6,500 675,000 -32,000 3 556,000 14,500 629,000 -32,000 4 561,000 7,500 614,000 32,000 5 607,000 11,000 618,000 - 32.000 For each manager, calculate: a. her money weighted return. Do not round intermediate calculations. Round your answers to two decimal places Money-weighted return (Manager :) Money weighted return (Manager M) b. her time weighted return, Do not round intermediate calculations. Round your answers to two decimal places Time-weighted return (Manager L) Time-weighted return (Manager M) c. estimates of her quarterly performance returns using the Dieta approximation method, assuming contributions/withdrawals are made exactly halfway through the quarter. Do not round intermediate calculations. Round your answers to two decimal places. Use a minus sign to enter negative values, if any. Quarter Return (Manager L) Return (Manager M) 1 2 3 4 5