NO.PZ2015121801000045
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%
这个题应该是考FISH EFFECT,经济学货币中有学到,
但是为什么不用下面讲义这个公式呢?算出来就选C.
Rnom=Rreal+Expected inflation