NO.PZ2023080903000027
问题如下:
A set of investments produces the subsequent annual returns during a span of five years.
The compounded rate of return for this investment over the five-year period is closest to:
选项:
A.0.69%
B.3.5%
C.6%
解释:
1.08×0.82×1.06×1.04×1.06≈1.035
(1.035)^1/5 −1≈0.0069
这题目问的不是复利五年后的HPR吗?如果问的是几何平均(TWRR),怎么不直接表述成求几何平均呢?