Hi there, I am trying to solve this problem, but I'm not sure how to go about the time weighted, money weighted averages, as well as the Dietz approximation. Would be grateful for some guidance! Thank you.

5 For each of the last six quarters, Managers L and M have provided you with the total euro value of the funds they manage, along with the quarterly contri- butions or withdrawals made by their clients. (Note: Contributions are indicated by positive numbers, withdrawals by negative numbers.) Manager L Manager M Quarter Tota Contri- T Contri- With- manage- drawals manage drawals funds butions funds butions/ under With- under ment 700000 ment Initial 500000 52700012000 692000-35000 530000 750O 66300035000 555000 13500 621 00035 000 580000 6500 61200035000 625000 10000 62500035000 2 3565.00 61000 -35000 4 5 For each manager, calculate: (a) his or her money-weighted return; (b) his or her time-weighted return; and (c) estimates of his or her quarterly performance returns using the Dietz approximation method, assuming contributions/withdrawals are made exactly halfway through the quarter