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

question 39

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.
• E) None of the options are correct.

---

Definitions:

AutoCalculate Area

A feature in spreadsheet programs that automatically computes and displays the sum, average, and other statistical information for selected cells.

Dollar Values

Monetary values expressed in terms of the currency of the United States, used to indicate the price or cost of an item or service.

Column Widths

Column widths refer to the horizontal space allocated for each column in a spreadsheet or table, which can be adjusted to accommodate the contents within.

Requirements Document

A detailed description of the functionalities and specifications that a system or software must meet.