小白想请问书中的一道关于money-wighted return的题,在没有给0时刻现金流的情况下要如何按金融计算器求出mwr的值啊?如果列公式算的话很花时间而且很难算出来
At the beginning of Year 1, a fund has $10 million under management; it earns a return of 14% for the year. The fund attracts another $100 million at the start of Year 2 and earns a return of 8% for that year. The money-weighted rate of return is most likely:
less than the time-weighted rate of return.
the same as the time-weighted rate of return.
greater than the time-weighted rate of return