At the beginning of Year 1, a fund has $10 million under management; it earns a return of 14% for the year. The fund attracts another $100 million at the start of Year 2 and earns a return of 8% for that year. The money-weighted rate of return is most likely:
老师你好，这里的money weighted return, 我用计算机算IRR: CF0=-10, CF1=(-100+1.4), CF2=(10+100+8.912), 算出来是8.63%，和答案8.53%不一样呢，我不太明白答案中money weighted return (irr) 的计算逻辑呢
