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You are the manager of the Mighty Fine mutual fund. The following table reflects the activity of the fund during the last quarter. The fund

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You are the manager of the Mighty Fine mutual fund. The following table reflects the activity of the fund during the last quarter. The fund started the quarter on January 1 with a balance of $80 million and will be liquidated at the end of March. Mighty Fine Mutual Fund Monthly Data (measured at end of month) January February March 4.9 Net inflows ($ million) HPR (%) -4.8 0 -1.10 5.90 5.80 a. Calculate the quarterly arithmetic average return on the fund. (Round your answer to 2 decimal places.) Arithmetic average % b. Calculate the quarterly geometric (time-weighted) average return on the fund. (Round your answer to 2 decimal places.) Geometric average % c. Calculate the quarterly dollar-weighted average return on the fund. (Round your answer to 2 decimal places.) % Dollar-weighted average return

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