bkballa

hdave5 Wrote:
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> That is because the question expressly says "using
> Modified Dietz formula" or the question is related
> portfolio which is valued in 2007.

Thanks a lot for your response !

For example on P.286 and EOC Q9/31/34, explicitly calcualtions using Modified Dietz formula are required. This makes sense.

The remaining question is "Shall we use TTWR for any case after 1/1/10 if calcualtions using Modified Dietz formula are not explicitly required, whether there are indications that the cash flows are Large or not ?

BTW, what is the method used in EOC Q32 (this is also used in calculating the "Capital Employeed" in real estate) ? It is different from equation (6) of MIRR on P.286 and equation (5) of MWR on P.131.