Question: Saved Help Additional Problem 5-2 You are the manager of the Mighty Fine mutual fund. The following table reflects the activity of the fund during
Saved Help Additional Problem 5-2 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. Mighty Fine Mutual Fund Monthly Data (measured at end of month) January February Net inflows (5 million) 5.5 -4.3 HPR (5) -4.30 6. 20 March 1.80 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 ) c. Calculate the quarterly dollar-weighted average return on the fund. (Round your answer to 2 decimal places.) Dollar-weighted average return to search
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