NO.PZ2024101802000016
问题如下:
An investor plans to invest GBP50,000 in an investment opportunity expected to generate a return of 8% per year, which is taxed as a deferred capital gain only after 10 years. The tax rate is 20%. Compare the impact of taxes on the after-tax return relative to if taxes were paid annually at a 20% rate.
选项:
解释:
The investment using deferred taxation grows to FV = GBP50, 000[(1 + 0.08)^10 − [(1 + 0.08)^10 − 1] × 0.20]=96,355
The investment using annual taxation grows to FV = GBP50, 000 × [1 + 0.08 × (1 − 0.20)]^10=92979
The deferred taxation provides a higher accumulation of GBP3,376
The investment using deferred taxation grows to FV = GBP50, 000[(1 + 0.08)^10 − [(1 + 0.08)^10 − 1] × 0.20]=96,355
我这边计算出来是96357,跟答案解析的数差2
考试遇到这种情况怎么办? 到底用哪个数? 另外这种小数点问题导致的结果差异,小幅偏离会得0分吗