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标题: [求助] CFA L1 Quantitative Methods 问题请教 [打印本页]

作者: Jalapeno4u 时间: 2008-6-2 06:11
标题: [求助] CFA L1 Quantitative Methods 问题请教

Schweser June 08 Exam 2 Morning

23. An analyst observes the following four annual returns: R1=+10%, R2= -15%, R3=0%, and R4=+5%. The equivalent compound annual rate is:

A. -5.0%

B. -0.5%

C. 0.0%

D. 7.4%

Why is the answer B? How to calculate it?

[此贴子已经被作者于2008-6-2 6:13:30编辑过]

作者: Emily915 时间: 2008-6-2 09:41
(1+R1)(1+R2)(1+R3)(1+R4)开四次方

作者: Jalapeno4u 时间: 2008-6-4 07:26
Thank you so much, Emily915.

作者: MissNewMe 时间: 2008-6-4 07:46

开了4次方还要再减去 1 才是对的~~ 几何平均数~

notes: book1 P.169

作者: Jalapeno4u 时间: 2008-6-4 08:03

以下是引用MissNewMe在2008-6-4 7:46:00的发言：

开了4次方还要再减去 1 才是对的~~ 几何平均数~

notes: book1 P.169

Yeah. Right. Thanks!

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