You are the manager of the xyz mutual fund the following, Financial Management

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You are the manager of the xyz mutual fund the following

You are the manager of the XYZ 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. January HPR= -1.3% February HPR= 6.2% March HPR = 2.2% HPR a. Calculate the quarterly arithmetic average return on the fund b. Calculate the quarterly geometric (time-weighted) average return on the fund

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Financial Management: You are the manager of the xyz mutual fund the following

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