In Measuring the Comparative Performance of Different Fund Managers, the Preferred

question 21

Multiple Choice

In measuring the comparative performance of different fund managers, the preferred method of calculating rate of return is

• A)internal rate of return.
• B)arithmetic average.
• C)dollar weighted.
• D)time weighted.

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Definitions:

Transient Ischemic Attack

Often called a mini-stroke, a transient episode of neurological dysfunction caused by the loss of blood flow to the brain, spinal cord, or retina, without acute infarction.

Abbreviation

A summarized form of a word or phrase.

Electroencephalogram

A test that measures electrical activity in the brain using electrodes attached to the scalp, used to detect potential problems associated with this activity.

Abbreviation

A brief form of a word or phrase designed to conserve space or eliminate repetition.