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Which of the following is the most likely impact of receiving a contribution into an account at the beginning of the period as opposed to the end of the month? A. Return will be unaffected at the impact of the contribution has an equal impact on the numerator and denominator. B. Return will be lower because the impact on the numerator outweighs the impact of the contribution on the denominator. C. Return will be lower because the contribution is added to the assets in the denominator and reduces the size of the numerator. |