NO.PZ2015120604000033
问题如下:
Tom buys one share of stock at $30 now, and one more shares at $35 after one year. At the end of year 1, the stock paid $5 dividend per share. At the end of t2, Tom sold 2 shares for $40 each. Calculate the time-weighted rate of return on this investment.
选项:
A.
9.88%.
B.
15.00%.
C.
23.13%.
解释:
C is correct.
During the year1, the hoding return is (35 + 5) / 30 - 1= 33.33%,
During the year2, the hoding return is 80 / 70 - 1 = 14.29%
Time-weighted return = [(1.33)(1.14)]0.5 - 1 = 23.13%
他以40卖了两股,但是题目说他用30买了一股,另一股怎么就确认是以30买的?