Problem #11: Suppose that on January 1, 2021 the balance on a fund is $14999. Suppose that there are contributions to the [6 marks] fund of $5968, $2945, and $5989 made, respectively, on the first day of March, September, and November 2021. In addition, suppose that there are withdrawals from the fund of $5025 and $9100 made, respectively, on the first day of May and September. Finally, suppose that the balance of the fund on the last day of February, April, August, October, and December 2021 is, respectively, $28686, $36275, $32133, $30356, and $16420. (a) Find the dollar-weighted rate of return for the year. (b) Find the time-weighted rate of return for the year. (A) 4.4% (B) 4.14% (C) 4.01% (D) 4.27% (E) 3.88% Problem #11(a): Select v (A) 9.07% (B) 8.81% (C) 8.68% (D) 8.94% (E) 8.55% Problem #11(b): Select Save