标题: portfolio text page 515 No.12 answer not accurate [打印本页] 作者: thommo77 时间: 2013-4-17 18:44 标题: portfolio text page 515 No.12 answer not accurate
Hi,
text vol6 portfolio management. page 515, question No.12 answer is not ok,
the return is not 5.25-2.75, it will be (1-0.0275)*1.0525-1作者: Howd 时间: 2013-4-17 18:45
5.25-2.75 = 2.5%
1.0525*0.9725 - 1 = 2.36%
this is a shortcut… numbers are pretty close
