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You are evaluating your accounts performance. The account started at $5,000,000 and generated a +15% return in Year 1, and a -5% (negative 5%) return
You are evaluating your accounts performance. The account started at $5,000,000 and generated a +15% return in Year 1, and a -5% (negative 5%) return in Year 2. You put in additional funds of $2,000,000 at the beginning of Year 2. Determine the annualized dollar-weighted return generated by this account.
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