Calculate the quarterly arithmetic average return on fund

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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

Reference no: EM131022634

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