Annualized portfolio return inception to date 是什么意思？

NO.PZ202206210200000206 问题如下 Baseon Li’s scription of the ferrecompensation planthe ta in Exhibit 2, the funng status of the plis most likely explainethe fferenbetween the: A.portfolio’s current yielanthe return inception to te. B.average employee tenure anthe portfolio’s effective ration. C.amount of the contributions anthe growth rate of the vestebenefits. C is correct. The portfolio’s assets exceethe present value of the ferrecompensation plan’s vestebenefits, so the plcurrently ha surplus. Contributions are ma for the 20% of employees who leave before their benefits have veste proving a sourof excess funng for the plthe benefits are forfeiteA is incorrect. The portfolio’s current yielis less ththe interest cret, while the portfolio return is only equto the requirerate of return. These woulnot leto a surplus in funng.B is incorrect. The shorter ration of the portfolio comparewith the average employee tenure woulnot contribute to a surplus, especially in a time when short-term rates are lower thlong-term rates. The plan’s benefit is finea percentage of eayear’s compensation subjeto a fixe4% annuinterest rate cret accumulating eayeto a totlump sum这句话我没看明白4%的基数是什么，就是是什么数的4%作为每年的compensation。

NO.PZ202206210200000206 问题如下 Baseon Li’s scription of the ferrecompensation planthe ta in Exhibit 2, the funng status of the plis most likely explainethe fferenbetween the: A.portfolio’s current yielanthe return inception to te. B.average employee tenure anthe portfolio’s effective ration. C.amount of the contributions anthe growth rate of the vestebenefits. C is correct. The portfolio’s assets exceethe present value of the ferrecompensation plan’s vestebenefits, so the plcurrently ha surplus. Contributions are ma for the 20% of employees who leave before their benefits have veste proving a sourof excess funng for the plthe benefits are forfeiteA is incorrect. The portfolio’s current yielis less ththe interest cret, while the portfolio return is only equto the requirerate of return. These woulnot leto a surplus in funng.B is incorrect. The shorter ration of the portfolio comparewith the average employee tenure woulnot contribute to a surplus, especially in a time when short-term rates are lower thlong-term rates. 正常来说funstatus是asset-liability，但这题看起来很奇怪？看不懂

NO.PZ202206210200000206问题如下 Baseon Li’s scription of the ferrecompensation planthe ta in Exhibit 2, the funng status of the plis most likely explainethe fferenbetween the: A.portfolio’s current yielanthe return inception to te.B.average employee tenure anthe portfolio’s effective ration.C.amount of the contributions anthe growth rate of the vestebenefits. C is correct. The portfolio’s assets exceethe present value of the ferrecompensation plan’s vestebenefits, so the plcurrently ha surplus. Contributions are ma for the 20% of employees who leave before their benefits have veste proving a sourof excess funng for the plthe benefits are forfeiteA is incorrect. The portfolio’s current yielis less ththe interest cret, while the portfolio return is only equto the requirerate of return. These woulnot leto a surplus in funng.B is incorrect. The shorter ration of the portfolio comparewith the average employee tenure woulnot contribute to a surplus, especially in a time when short-term rates are lower thlong-term rates. 顺便请为什么B不选，而要选C