老师，这个是什么知识点？

NO.PZ2023052302000008

问题如下：

An investor is evaluating the returns of three recently formed ETFs. Selected return information on the ETFs is presented in Exhibit 20:

Which ETF has the highest annualized rate of return?

选项：

ETF 1

ETF 2

ETF 3

解释：

B is correct. The annualized rate of return for

ETF 1 annualized return = (1.0425^365/125) – 1 = 12.92%

ETF 2 annualized return = (1.0195^52/8 ) − 1 = 13.37%

ETF 3 annualized return = (1.1718^12/16 ) – 1 = 12.63%

Despite having the lowest value for the periodic rate, ETF 2 has the highest annualized rate of return because of the reinvestment rate assumption and the compounding of the periodic rate.

老师，这个是什么知识点？

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时光伤痕 · 2025年02月16日

这个是把收益率年化的问题

1 个答案

品职助教_七七 · 2025年02月16日

嗨，从没放弃的小努力你好：

本题知识点为计算annualized return（将收益率年化）。讲义位置如下图：

讲义上有一道和本题几乎一样的例题。掌握这个例题或本题，这个知识点基本就掌握了。

如果有不理解的细节，可后续继续提问。

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就算太阳没有迎着我们而来，我们正在朝着它而去，加油！

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NO.PZ2023052302000008 问题如下 investor is evaluating the returns of three recently formeETFs. Selectereturn information on the ETFs is presentein Exhibit 20:WhiETF hthe highest annualizerate of return? A.ETF 1 B.ETF 2 C.ETF 3 B is correct. The annualizerate of return forETF 1 annualizereturn = (1.0425365/125) – 1 = 12.92%ETF 2 annualizereturn = (1.019552/8 52/8) − 1 = 13.37%ETF 3 annualizereturn = (1.171812/16 ) – 1 = 12.63%spite having the lowest value for the perioc rate, ETF 2 hthe highest annualizerate of return because of the reinvestment rate assumption anthe compounng of the perioc rate. 例如题目中，计算（1+1.95%）的52/8次方，要先按出52/8，再按出1.0195的6.5次方吗？

2024-03-12 23:04 1 · 回答