NO.PZ2015121801000046
问题如下:
An analyst observes the following historic geometric returns:
The real rate of return for corporate bonds is closest to:
选项:
A.
4.3%.
B.
4.4%.
C.
4.5%.
解释:
A is correct.
(1 + 0.065)/(1 + 0.0210)-1 = 4.3%
我记得老师讲过: expected rate of return=nominal +expected inflation + risk perm