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NMG Fund began investing with $50 million, and received an additional $20 million in year 1 . However, they had to distribute $10 million in

image text in transcribed NMG Fund began investing with $50 million, and received an additional $20 million in year 1 . However, they had to distribute $10 million in year 2 . By year 3 , the funds had grown to $100 million. What is TWR of the fund? a) 7.99% b) 7.79% c) 9.98% d) None of the above NMG Fund began investing with $50 million, and received an additional $20 million in year 1 . However, they had to distribute $10 million in year 2 . By year 3 , the funds had grown to $100 million. What is TWR of the fund? a) 7.99% b) 7.79% c) 9.98% d) None of the above

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