问题如下:
An analyst observes the following historic geometric returns:
The real rate of return for equities is closest to:
选项:
A. 5.4%.
B. 5.8%.
C. 5.9%.
解释:
B is correct.
(1 + 0.080)/(1 + 0.0210)-1 = 5.8%
real risk free rate of.return是不是等于treasury bill收益率??