开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)｜3.2.5(安卓)APP下载

返回

Jingwen · 2021年02月09日

看不懂解释

  1. CFA I
  2. Portfolio

NO.PZ2015121801000039

问题如下：

An investor evaluating the returns of three recently formed exchange-traded funds gathers the following information:

The ETF with the highest annualized rate of return is:

选项：

A.

ETF 1.

B.

ETF 2.

C.

ETF 3.

解释：

B  is correct.

The annualized rate of return for ETF 2 is 12.05% = (1.0110 52/5  )-1, which is greater than the annualized rate of ETF 1, 11.93% = (1.0461 365/ 146  )-1, and ETF 3, 11.32% = (1.1435 12/ 15  )-1. 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.

The annualized rate of return for ETF 2 is 12.05% = (1.0110  )-1, which is greater than the annualized rate of ETF 1, 11.93% = (1.0461  )-1, and ETF 3, 11.32% = (1.1435  )-1. 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.


啥意思呀？为啥12.05% = (1.0110  )-1是相等的？完全不理解。

添加评论
1 个答案

丹丹_品职答疑助手 · 2021年02月09日

嗨，从没放弃的小努力你好：


同学你好，12.05%=（1.0110）^(52/5) -1

一年有52周，这个要当知识点记一下


-------------------------------
加油吧，让我们一起遇见更好的自己！


  • 1

    回答

  • 0

    关注

  • 541

    浏览
相关问题

NO.PZ2015121801000039问题如下investor evaluating the returns of three recently formeexchange-trafun gathers the following information:The ETF with the highest annualizerate of return is:A.ETF 1.B.ETF 2.C.ETF 3. is correct.The annualizerate of return for ETF 2 is 12.05% = (1.0110 52/5 )-1, whiis greater ththe annualizerate of ETF 1, 11.93% = (1.0461365/146 365/ 146 )-1, anETF 3, 11.32% = (1.143512/15 )-1. 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. 如题老师，这道题ear为啥是365/146，而不是146/365

2022-11-05 14:39 1 · 回答

NO.PZ2015121801000039 问题如下 investor evaluating the returns of three recently formeexchange-trafun gathers the following information:The ETF with the highest annualizerate of return is: A.ETF 1. B.ETF 2. C.ETF 3. is correct.The annualizerate of return for ETF 2 is 12.05% = (1.0110 52/5 )-1, whiis greater ththe annualizerate of ETF 1, 11.93% = (1.0461365/146 365/ 146 )-1, anETF 3, 11.32% = (1.143512/15 )-1. 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. 用EAR公式的角度理解，m 为什么等于 365/146...(以下类似）？

2022-10-30 00:00 1 · 回答

NO.PZ2015121801000039问题如下investor evaluating the returns of three recently formeexchange-trafun gathers the following information:The ETF with the highest annualizerate of return is:A.ETF 1.B.ETF 2.C.ETF 3. is correct.The annualizerate of return for ETF 2 is 12.05% = (1.0110 52/5 )-1, whiis greater ththe annualizerate of ETF 1, 11.93% = (1.0461365/146 365/ 146 )-1, anETF 3, 11.32% = (1.143512/15 )-1. 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. 答案A和我算出来的不一致

2022-06-16 05:54 1 · 回答

NO.PZ2015121801000039 问题如下 investor evaluating the returns of three recently formeexchange-trafun gathers the following information:The ETF with the highest annualizerate of return is: A.ETF 1. B.ETF 2. C.ETF 3. is correct.The annualizerate of return for ETF 2 is 12.05% = (1.0110 52/5 )-1, whiis greater ththe annualizerate of ETF 1, 11.93% = (1.0461365/146 365/ 146 )-1, anETF 3, 11.32% = (1.143512/15 )-1. 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. 1、考试时什么时候用单利？什么时候用复利？2、为何不用EAR公式计算？3、答案用的什么公式计算？没太看懂。

2022-06-03 22:09 3 · 回答

NO.PZ2015121801000039问题如下investor evaluating the returns of three recently formeexchange-trafun gathers the following information:The ETF with the highest annualizerate of return is:A.ETF 1.B.ETF 2.C.ETF 3. is correct.The annualizerate of return for ETF 2 is 12.05% = (1.0110 52/5 )-1, whiis greater ththe annualizerate of ETF 1, 11.93% = (1.0461365/146 365/ 146 )-1, anETF 3, 11.32% = (1.143512/15 )-1. 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. 在课程中 老师说的公式是 HPR *360/t ，也就是说 这是用单利来算的，老师说错了？还是题目有问题？

2022-04-06 15:58 1 · 回答