A portfolio has the following timeline of cash flows and market values:
(Note: balance is after associated withdrawal or deposit)
Day
Deposit/Withdrawal
Ending Balance
1
+1,000,000
1,000,000
10
+100,000
1,070,000
20
+400,000
1,440,000
30
---
1,570,000
What is the total time weighted return for the period? Show your work.
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