标题:
Inflation in Returns
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作者:
joehogue
时间:
2011-7-11 20:05
标题:
Inflation in Returns
I'm sure this has been discussed....so sorry in advance.
Do we add it to the return at the end? Or do we link it?
example:
Calculate the required return based on expenses and portfolio as 5%. Expected inflation is 3%. Is total required return 8?%
Or is it (1.05)(1.03) - 1 = 8.15%?
Does it even matter?
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