Over 5 periods, the arithmetic average return of a portfolio is 1.4%, the geometric average return is 1.012%, and the
dollar-weighted average return is 0.577%. What might explain why the dollar-weighted average return is so much lower than the
other 2 averages which describe the performance of the assets being held in the portfolio?

Answer rating: 100% (QA)

The significant difference between the arithmetic average return geometric average return and dollar... View the full answer