请问LEVEL 1的一个题目 class, style, face

zmmengxue

Test 1 t29

请问这一题具体应该怎么做啊？多谢！

 

A portfolio earned the following holding period returns during 2006:

First quarter   20%

Second quarter   15%

third quarter   -10%

forth quarter  5%

the portfolio’s time-weighted rate of return for 2006 was closest to:

A   6.9%

B  7.5%

C  30.4%

D  32.6%

xiaoming_w

写错了，等式右边是4次方

xiaoming_w

(1+20%)*(1+15%)*(1-10%)*(1+5%)=(1+x)^0.25   x=6.9%