Total return index

Discussion in 'SP5' started by Benjamin, Apr 11, 2018.

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  1. Benjamin

    Benjamin Member

    Hi,

    When calculating the total return index iteratively (using formula in CMP Ch14 p.8), what is TRI(0)? is the opening TRI index figure just the opening index figure i.e. TRI(0) = I(0)?
     
    Benjamin, Apr 11, 2018
    #1
  2. Simon James

    Simon James ActEd Tutor Staff Member

    TRI(0) is whatever you chose it to be. Typically it is set to I(0).
     
    Simon James, Apr 11, 2018
    #2
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