I came across a money weighted rate of return question in a Schweser exam earlier..
I knew the principle and manually worked through intputs/returns....unfortunately the correct answer was "D", which meant I already worked through A,B &C.
This took me forever and if there were 10 of these questions in the exam, I may need the 3 hours!
I assume this is a legitimate question we may expect in the exam, other than starting with D next time, is there a quicker way to get to the solution?..Cheers!
I knew the principle and manually worked through intputs/returns....unfortunately the correct answer was "D", which meant I already worked through A,B &C.
This took me forever and if there were 10 of these questions in the exam, I may need the 3 hours!
I assume this is a legitimate question we may expect in the exam, other than starting with D next time, is there a quicker way to get to the solution?..Cheers!