Calculate both the money weighted rate of return and time

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Question: At the beginning of Year 1, a fund has $10 million under management; it earns a return of 22% for the year. The fund attracts another $50 million at the start of Year 2 and earns a return of 12% for that year.

Calculate both the money weighted rate of return and time weighted rate of return

Reference no: EM133560801

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