Question: Consider the following fund (answer Q1 & Q5): Time 0 Net cash flow ($ millions) HPR (%) Compute the Arithmetic return (simple average): -5
Consider the following fund (answer Q1 & Q5): Time 0 Net cash flow ($ millions) HPR (%) Compute the Arithmetic return (simple average): -5 1 1 -6% 2 -1 6% 3 -1 9% 4 6.68 5%
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To compute the arithmetic return we need to calculate the average of the historical HPRs Holdi... View full answer
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