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 $100 million.

Might Fine Mutual Fund Monthly Data (measured at end of month)
	January	February	March
Net Inflow ($ million)	5.5	-4.3	0
HPR (%)	-4.30	6.20	1.80

a. Calculate the quarterly arithmetic average return on the fund.

b. Calculate the quarterly geometric (time-weighted) average return on the fund.

c. Calculate the quarterly dollar-weighted average return on the fund.