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Howard gives his money manager 100,000 at the beginning of the year. in 6 months the account is worth 105,000 and Howard immediately gives the manager an additional 95,000. At the end of the year, the account is worth 220,000. What is the time-weight return on this account minus the dollar-weighted return rate of return on this account?

A 2.8% B 1.4% C 0% D -1.4% E -2.8%

Financial Management, Finance

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