True or False Questions (no explanation required)

1. My investment accounts return was +50% in year one, but it declined by 50% in year 2. I made no additions or withdrawals during either year. At the end of year 2, my portfolios value should be the same as it was at the beginning of year 1.
2. Time-Weighted returns should be used to evaluate investment managers when they have no control over deposits into or withdrawals out of the account.
3. Dollar-Weighted returns are appropriate for measuring manager performance only when the manager has control over the size and timing of cash flows entering and exiting the account.
4. The Dollar-Weighted return will be higher than the Time-Weighted return if new funds are added to an account prior to a period of strong performance.
5. While geometric returns are better for evaluating asset growth over time, an arithmetic return can be useful for evaluating historical asset class performance to make projections for future performance.