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by plb
Thu Jul 02, 2009 12:45 am
Forum: General questions and comments
Topic: Distribution of returns
Replies: 1
Views: 3762

Distribution of returns

Does the program use returns that are normally distributed, producing a symmetrical distribution; or does it instead assume that return relatives are lognormally distributed, producing a distribution that is skewed to the right? Also, are withdrawals taken at the beginning of the year or at the end ...