One of the following sentences is true regarding the money weighted rate of return and the time weighted rate of return. Select one: O a. TWRR require that the precise times of all cash flows of new...

Extracted text: One of the following sentences is true regarding the money weighted rate of return and the time weighted rate of return. Select one: O a. TWRR require that the precise times of all cash flows of new money into and out of the fund over the period are known. O b. TWRR depends upon particular subdivisions of the period. C. MWRR depends upon any particular subdivision of the entire period and generally gives greater weight to the yields pertaining to the times when the fund is more constant. d. Both measures have to yield the same result.