NO.PZ2015121802000019
问题如下:
Calculate the periodic money-weighted rate of return on the investment based on the following information:
At t=0, buy a share of stock for $45.
At t=1, buy another share of the same stock for $55.
At t=2, sell both shares at $65 for each share
The stock paid a dividend of $1 per share at t = 1 and at t =2.
选项:
A.23.8%.
B.22.0%.
C.21.5%
解释:
C is correct.
Use calculator's cash flow functions and follow the steps as: CF0 = -45; CF1 = -55+ 1 = -54; CF2 = 65 x 2 + 2 = 132; CPT IRR =21.5%.
CF1的时候为什么是-55+1而不是-55+2?刚买的股票不算分红吗?