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| An analyst gathers the following information ($ millions) about the performance of a portfolio:QuarterValue at Beginningof Quarter(prior to inflow or outflow)Cash Inflow (Outflow) At Beginning of QuarterValue at End of Quarter 12.00.22.4 22.40.42.6 32.6(0.2)3.2 43.21.04.1 The portfolio’s annual time-weighted rate of return (%) is closest to: A:8 B:27 C:32 |
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