Maturity value question - 【CFA学习难点答疑解惑】 - CFA论坛

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发表于 2013-4-16 09:42 | 显示全部帖子

It seems 116508.16 is arrived at as follows:
Actual Return = (1 + .12) * (1 .015) 1 = .1032 or 10.32%
Answer = 10000*(1+.1032)^25 = 116508.16
Any thoughts on whether this is correct?

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