想问一下为什么level iii 真题 2006 Q1 里面的return objective分母用的是34岁时的TIA.
CFA III
个人IPS
题干信息点中:
1)Serra will retire from professional soccer one year from now at the age of 35.
2)题目要求计算:Calculate the after-tax nominal rate of return that is required during his first year of retirement.
我理解是计算35-36岁这一年的return objective,分母应该是35岁时的TIA,包含了 cash saving 和 growth equity的收益。