Schweser Book 1 Practice Exam 2 AM Question 1 required, current, return, asking, giving

OmarAdnan

Hey guys,
It is asking for the required return for the next year while giving the expenses for last year, I compounded twice while the key answer shows a compounding only once.
I would have compounded only once if it asked for the required return for the current year and not the next year. Do you see what I mean?
Any ideas?
Thanks!
M.

Benjiko

any input?
thanks!
M.