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Problem 5.11 A fund earned investment income of 9,200 during 1991. The beginning and ending balances of the fund were 100,000 and 129,200, respectively. A
Problem 5.11 A fund earned investment income of 9,200 during 1991. The beginning and ending balances of the fund were 100,000 and 129,200, respectively. A deposit was made at time K during the year. No other deposits or withdrawals were made. The fund earned 8% in 1991 using the dollar-weighted method. Determine K
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