Mary invested $10,000 in Garb Fund on 1 May 2017. On 30 April 2018, theone-year holding period return on her investment is 3.1% and she decided to invest $20,000 more. On 30 April 2019, the one-year holding period return is 2.9%.Comparing the time-weighted return (TWR) with the money-weightedreturn (MWR). 

 Calculate TWR and MWR in the two-year holding period?

Answer rating: 100% (QA)

To calculate the timeweighted return TWR we need to determine the return for each subperiod and then ... View the full answer