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Mary invested $10,000 in Garb Fund on 1 May 2017. On 30 April 2018, theone-year holding period return on her investment is 3.1% and she
Mary invested $10,000 in Garb Fund on 1 May 2017. On 30 April 2018, theone-year holding period return on her investment is 3.1% and she decided to invest $20,000 more. On 30 April 2019, the one-year holding period return is 2.9%.Comparing the time-weighted return (TWR) with the money-weightedreturn (MWR).
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To calculate the timeweighted return TWR we need to determine the return for each subperiod and then ...
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Managerial Decision Modeling With Spreadsheets
Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair
3rd Edition
136115837, 978-0136115830
