NO.PZ2015121801000137
问题如下:
An analyst observes the following historic geometric returns:
The risk premium for equities is closest to:
选项:
A.5.4%.
5.5%.
5.6%.
解释:
A is correct. (1 + 0.080)/(1 + 0.0250) – 1 = 5.4%
题目没有说明表格的前三项是nominal还是real。如果都是nominal,那么列公式的时候就不用考虑(1+ inflation)这个值了。如果都是real 那么就要这样计算结果1.08/(1.025*1.021)。请问一般怎么判断给的值是nominal或者real呢?