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.

Mighty Fine Mutual Fund
Monthly Data (measured at end of month)
	January	February	March
Net inflows ($ million)	4.9	-4.8	0
HPR (%)	-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 3.53%

b. Calculate the quarterly geometric (time-weighted) average return on the fund. (Round your answer to 2 decimal places.)

Geometric average 3.48 %

c. Calculate the quarterly dollar-weighted average return on the fund. (Round your answer to 2 decimal places.)

Dollar-weighted average return %