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Which of the following statements is correct? Multiple Choice If the worst periodic return occurred when the amount of assets under management was the highest,
Which of the following statements is correct? Multiple Choice If the worst periodic return occurred when the amount of assets under management was the highest, the terminal investment value would be lowest. The dollar weighted average return is most useful to evaluate the performance of a buy & hold investment o In absence of other information, the geometric average return over the previous N-periods is our best guess for the investment performance next period. The arithmetic average return is equivalent to the average compound rate at which the investment value grows each period during the entire investment horizon O
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