标题: CFAI Practice Question 3A) [打印本页]

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作者: cross-ied    时间: 2013-4-28 11:29     标题: CFAI Practice Question 3A)

Why is n=2 and not n=3 when calculating compound annual growth rate?
Thanks!

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作者: yuoska    时间: 2013-4-28 11:30

Reading? Page No.?

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作者: invic    时间: 2013-4-28 11:30

Reading 33 p.173 Question 3A.

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作者: soddy1979    时间: 2013-4-28 11:30

If you draw a timeline, you’ll see that $9 is at time = 0 while $15.5 is at time t = 2. Question asks you to assume beginning of period.

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