Slide 1 Risk, Return and Market Efficiency For 9.220, Term 1, 2002/03 02_Lecture16.ppt Student Version Slide 2 Outline 1.Introduction 2.Types of Efficiency 3.Informational…
Slide 1 Money weighted rate of return (MWR) versus Time weighted rate of return or (TWR) Wolfgang Marty Stockholm 21st of June 2009 Slide 2 Slide 2 1. One period return 2.…