问题the following information about the performance of a portfolio face, following, border, about

deny2002

the following information about the performance of a portfolio
quarter	value at beginning of quarter	cashinflow(outflow)at beginning of quarter	Value at end of quarter
1	2	2	2.4
2	2.4	4	2.6
3	2.6	-0.2	3.2
4	3.2	1	4.1

annual time-weighted rate of return is closet t
答案是32%

请问这题怎么做？

[此贴子已经被venson于2005-5-18 15:50:47编辑过]

cfal3passe

would you like to give the question more clear?

deny2002

已经改过谢谢

cfal3passe

In my memory, but I am sure so much, I will check for you if I have time.

this question's formula can list like this:

=(2.4/4)*(2.6/6.4)*(3.2/2.4)(4.1/4.2)

deny2002

请各位大哥都来看看，这就是传说中的样题！

cfal3passe

BASED ON MY FORMULA, THE SESULT IS RIGHT.

deny2002

请问这公式在NOTES哪部分

cfal3passe

in fact, I don't remember,

what I know is that there is a time weighted rate of return formula in CFA Level III notes.

deny2002

这道题出现在LI的题目中！

[em06]

cfal3passe

in fact, I have met such formula, but I don't know the real location it is .