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Fund T focusing on technology stocks began with $100 million and reported 8%, 20%, and -4% returns during the next three months. At the end
Fund T focusing on technology stocks began with $100 million and reported 8%, 20%, and -4% returns during the next three months. At the end of the second month, the fund had net inflows of $40 million from new investors. Calculate the arithmetic average, geometric average, and dollar-weighted average returns of this fund. You should show all calculations to find the three average returns to earn full credit
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