Investments
Investments
11th Edition
ISBN: 9781259277177
Author: Zvi Bodie Professor, Alex Kane, Alan J. Marcus Professor
Publisher: McGraw-Hill Education
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Chapter 24, Problem 10CP
Summary Introduction

To select: Superiority between time-weighted return and dollar-weighted return.

Introduction : Time-weighted return is more preferable to the dollar-weighted return due to the passive nature with the timing.

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