开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)｜3.2.5(安卓)APP下载

返回

albee · 2024年08月13日

B错在哪里了不太明白

  1. CFA I
  2. Quantitative

NO.PZ2023052302000011

问题如下：

An investment manager’s gross return is:

选项：

A.

an after-tax nominal, risk-adjusted return.

B.

the return earned by the manager prior to deduction of trading expenses.

C.

an often used measure of an investment manager’s skill because it does not include expenses related to management or administration.

解释：

C is correct. Gross returns are calculated on a pre-tax basis; trading expenses are accounted for in the computation of gross returns as they contribute directly to the returns earned by the manager. A is incorrect because investment managers’

gross returns are pre-tax and not adjusted for risk. B is incorrect because managers’ gross returns do reflect the deduction of trading expenses since they contribute directly to the return earned by the manager.

RT

添加评论
1 个答案

品职助教_七七 · 2024年08月13日

嗨，爱思考的PZer你好：


gross return是扣减完了trading expense后的return。所以B选项的prior to（在扣减之前）就是不对的。

gross return没有扣的是管理费。

----------------------------------------------
加油吧，让我们一起遇见更好的自己！

  • 1

    回答

  • 0

    关注

  • 117

    浏览
相关问题

NO.PZ2023052302000011问题如下 investment manager’s gross return is: A.after-tnominal, risk-austereturn.B.the return earnethe manager prior to ction of trang expenses.C.often usemeasure of investment manager’s skill because it es not inclu expenses relateto management or ainistration. C is correct. Gross returns are calculateon a pre-tbasis; trang expenses are accountefor in the computation of gross returns they contribute rectly to the returns earnethe manager. A is incorrebecause investment managers’gross returns are pre-tannot austefor risk. B is incorrebecause managers’ gross returns reflethe ction of trang expenses sinthey contribute rectly to the return earnethe manager. 老师，这道题“inclu”是不是误导错误的核心.

2024-09-20 15:28 1 · 回答

NO.PZ2023052302000011 问题如下 investment manager’s gross return is: A.after-tnominal, risk-austereturn. B.the return earnethe manager prior to ction of trang expenses. C.often usemeasure of investment manager’s skill because it es not inclu expenses relateto management or ainistration. C is correct. Gross returns are calculateon a pre-tbasis; trang expenses are accountefor in the computation of gross returns they contribute rectly to the returns earnethe manager. A is incorrebecause investment managers’gross returns are pre-tannot austefor risk. B is incorrebecause managers’ gross returns reflethe ction of trang expenses sinthey contribute rectly to the return earnethe manager. gross return 包含management or ainistration吧？B为何错？

2024-08-20 07:33 1 · 回答

NO.PZ2023052302000011问题如下 investment manager’s gross return is: A.after-tnominal, risk-austereturn.B.the return earnethe manager prior to ction of trang expenses.C.often usemeasure of investment manager’s skill because it es not inclu expenses relateto management or ainistration. C is correct. Gross returns are calculateon a pre-tbasis; trang expenses are accountefor in the computation of gross returns they contribute rectly to the returns earnethe manager. A is incorrebecause investment managers’gross returns are pre-tannot austefor risk. B is incorrebecause managers’ gross returns reflethe ction of trang expenses sinthey contribute rectly to the return earnethe manager. Return先减去trang espense,得到gross return.再减去management ainistrative fee得到net return before tax? 之后再去掉tax?

2024-05-27 12:56 2 · 回答

NO.PZ2023052302000011问题如下 investment manager’s gross return is: A.after-tnominal, risk-austereturn.B.the return earnethe manager prior to ction of trang expenses.C.often usemeasure of investment manager’s skill because it es not inclu expenses relateto management or ainistration. C is correct. Gross returns are calculateon a pre-tbasis; trang expenses are accountefor in the computation of gross returns they contribute rectly to the returns earnethe manager. A is incorrebecause investment managers’gross returns are pre-tannot austefor risk. B is incorrebecause managers’ gross returns reflethe ction of trang expenses sinthey contribute rectly to the return earnethe manager. Gross return ……because it se not inclu any fee relateto MA，这句话怎么理解，不是应该包括MA A吗？

2023-12-02 16:12 1 · 回答