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Suppose the Markowitz family account is valued on Jan 1 st at $ 1 , 0 0 0 , 0 0 0 . Let us

Suppose the Markowitz family account is valued on Jan 1st at $1,000,000.
Let us assume that the account received two cash flows: $12,000 on Jan 5th and $60,000 on Jan 16th.
Suppose the account value was calculated as $1,045,000 on Jan 5th, $1,060,000 on Jan 16th, and $1,200,000 on Jan 30th.
How much is the (Dollar-weighted Return) DWR of the Markowitz family account?
Enter your answer in the following format: + or -0.1234
Hint: The answer is between 0.1099 and 0.1382

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