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The dollar weighted return on a series of cash flows is 12.18%. The geometric mean is 10.55%. Therefore, the arithmetic mean must be a. the
The dollar weighted return on a series of cash flows is 12.18%. The geometric mean is 10.55%. Therefore, the arithmetic mean must be
a. the internal rate of return
b. greater than 10.55%
c. less than 10.55%
d. over 12.18%
e. its impossible to determine with the information given
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