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Single choice 14) A fund starts the year with a value of USD 88m. The value grows to USD 92m halfway through the year when

Single choice 14) A fund starts the year with a value of USD 88m. The value grows to USD 92m halfway through the year when the client invests a further USD 4m. At the end of the year the fund has a value of USD 100m. What is the time weighted return for the fund? O The time weighted return is 8.6% O The time weighted return is 8.7% O The time weighted return is 8.8% O The time weighted return is 8,9%

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