note1 has a exmaple about money weighted rate and time weighted rate of return.
it said: assume an investor buys a share of stock for 100 at t=0 and at the end of the next year she buys an additional share for 120, the stock pay a 2 per share dividended.后面具体的我就不阐述了
例题这么解释，t=0时，100 inflow to account t=1时，第二支股票是120inflow to account，并且2 dividend outflow from account.
我就不是很理解，我觉得买股票是outflow，分红应该是inflow才对嘛。 | 
发表于 2011-4-15 14:49
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