问题如下：
1. If Vander expects an 8 percent pretax return and capital gains are taxed at 20 percent, what is her accrual equivalent return over that time period?
选项：
A.6.40%.
B.6.78%.
C.4.60%.
解释：
B is correct.
FVcg =€400,000[(1 + r)n(1–tcg) + tcg]
=€400,000[(1 + 0.08)10(1–0.20) + 0.20]
=€770,856
Solving for the rate set equates €770,856 with its present value of €400,000
€770,856 =€400,000(1 + RAE)10
RAE = 0.0678 or 6.78 percent
No.PZ201511200300000901
1. If Vander expects an 8 percent pretax return and capital gains are taxed at 20 percent, what is her accrual equivalent return over that time period?
正确答案是: B
A
6.40%.
B
6.78%.
C
INCORRECT4.60%.
数据统计
做对次数: 1141
做错次数: 708
正确率: 61.71%
解析
B is correct.
FVcg =€400,000[(1 + r)n(1–tcg) + tcg]
=€400,000[(1 + 0.08)10(1–0.20) + 0.20]
=€770,856
Solving for the rate set equates €770,856 with its present value of €400,000
€770,856 =€400,000(1 + RAE)10
RAE = 0.0678 or 6.78 percent
这个括号里为什么还要加tcg呢？
