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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Chapter 24, Problem 10CP

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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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