[CFA level 1模拟真题]Version 1 Questions－Q11 face, following, border, about, level

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Q11. An anally gathered the following information ($ millions)about the performance of a portfolio:

Quarter	Value at Beginning of Quarter (Prior to inflow or outflow)	Cash Inflow (Outflow) At Beginning of Quarter	Value at End of Quarter
1	2.0	0.2	2.4
2	2.4	0.4	2.6
3	2.6	(0.2)	3.2
4	3.2	1.0	4.1

The portfolio's annual tune-weighted rate return is closest to:

A. 8%

B. 27%

C. 32%

D. 60%

 

答案和详解如下：

Q11.  C          Study Sesslon2-6.c

The time - weighted rate of return is calculated by computing the quarterly holding period returns and linking those returns into annual return:

1.0909*0.9286*1.3333*0.9762=1.3185

1.3185-1=0.3185 or 31.85%

xxjj564

 a

lijiao_1177

3x

merlinna

 ?

jiguobiao

A

fpoon

thx

clairebear

thx

aleko953

1

elea0930

c

Allenliu

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