Income and capital return should be - compounded as such for Annual total return = (1 + Capital Return) * (1 + Income Rn) -1 - added to equal total return for quarters - added to equal total return for full year period
added to equal total return for quarters for real estate… I think
Whoa…i think its added to equal total return for full year period???
Added to equal total return for quarter period, then chain link the quarter end periods to get total annual? Something like that…
Lance got it. It’s ok to have Total Rn different from the sum of Capital and Income Rn for the total annual