(b) When measuring the returns of separate accounts, clients typically get confused about time-weighted returns and ask...
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(b) When measuring the returns of separate accounts, clients typically get confused about time-weighted returns and ask to have internal rate-of-return (IRR) calculations produced instead. Why?
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Related Book For
Quantitative Equity Portfolio Management
ISBN: 9780071459396
1st Edition
Authors: Ludwig B Chincarini, Daehwan Kim
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