NO.PZ2015121801000137
问题如下:
An analyst observes the following historic geometric returns:
The risk premium for equities is closest to:
选项:
A. 5.4%.
B. 5.5%.
C. 5.6%.
解释:
A is correct. (1 + 0.080)/(1 + 0.0250) – 1 = 5.4%
为什么不能是8.0-2.5=5.5,完全不知道要考什么