If you want to measure the performance of your investment in a fund, including the timing of your purchases and redemptions, you should calculate the __________.

If you want to measure the performance of your investment in a fund, including the timing of your purchases and redemptions, you should calculate the __________. 





A. geometric average return

B. arithmetic average return

C. dollar-weighted return

D. index return



Answer: C. dollar-weighted return


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