Individual investor: Required Return Calculation individual, determine, investor, examples, mistakes

prav_Cfa7

Hi,
I know it is only 3 days left for the exam but better now than on the exam.
I have been making some mistakes on getting the required return for an individual investor only because i am putting the annual cash flows in the wrong year. Specially the wording the CFAI books, previous exams and schweser books use to determine the year such as previous year, current year, next year, up coming year. In one of the examples i got it wrong because it used in the same question upcoming and current year as the same thing. I thought upcoming year means next year.
Wording Used:
T-1: last year, previous year, year just passed
T-0: current year, this year, and (upcoming year?)
T+1:  Next year, a year from now
Where to put upcoming year?

stalkey

“Upcoming” or “coming” year is next year (i.e., the year to come).  T+1.

ayaz_mahmud369

“Upcoming” or “coming” year is next year (i.e., the year to come).  T+1.

thecfawannabe

as long as we are at t=0 right now:
over the coming year = coming year = this year = next year