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·K· · 2023年05月21日

请问老师除了H以外,A和G怎么求呢?

NO.PZ2021061603000023

问题如下:

A portfolio manager invests €5,000 annually in a security for four years at the prices shown in the following exhibit.


The average price is best represented as the:

选项:

A.harmonic mean of €76.48 B.geometric mean of €77.26 C.arithmetic average of €78.00

解释:

A is correct. The harmonic mean is appropriate for determining the average price per unit. It is calculated by summing the reciprocals of the prices, then averaging that sum by dividing by the number of prices, then taking the reciprocal of the average:

4/[(1/62.00) + (1/76.00) + (1/84.00) + (1/90.00)] = €76.48

H已经算出来了,A和G怎么求呢?

1 个答案

星星_品职助教 · 2023年05月21日

​同学你好,本题为投资中的cost averaging策略,即每期都投资相同的金额。这种情况下只能用Harmonic mean计算,不能用A和G。

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