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Fund begins with $10millon and has following year results: > (assume at the end of the 3rd year, you are withdrawing all your funds out)
Fund begins with $10millon and has following year results: > (assume at the end of the 3rd year, you are withdrawing all your funds out) year 1st year 2nd year 3rd year Net Inflows ($, in millions) 3 5 0 2 8 4 - Calculate arithmetic avg, geometric avg, and dollar- weighted average returns
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