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Question 4: You are the manager of the Allan Blue mutual fund. The following table reflects the activity of the fund during the last quarter.

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Question 4: You are the manager of the Allan Blue mutual fund. The following table reflects the activity of the fund during the last quarter. The fund started the quarter on 1 July with a balance of R60 million. The following monthly data (measured at the end of the month) is made available to you

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