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To account for the variation in amounts of money under the management of a fund, treating the cash flows as if they were a projected
To account for the variation in amounts of money under the management of a fund, treating the cash flows as if they were a projected capital budget, the best measure for calculating fund performance is: a. Dollar-weighted average b. Weighted average c. Geometric average d. Arithmetic average
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Financial Management Principles And Applications
Authors: J William Petty, Sheridan Titman, Arthur J Keown, John D Martin, Peter Martin, Michael Burrow, Hoa Nguyen
6th Edition
1442539178, 9781442539174
