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circle · 2024年09月19日

老师,这道题可以直接排除法选money吗,g和t是一样的.

NO.PZ2023052302000006

问题如下:

A fund receives investments at the beginning of each year and generates returns for three years as follows:


Which return measure over the three-year period is negative?

选项:

A.

Geometric mean return

B.

Time-weighted rate of return

C.

Money-weighted rate of return

解释:

C is correct. The money-weighted rate of return considers both the timing and amounts of investments into the fund. To calculate the money-weighted rate of return, tabulate the annual returns and investment amounts to determine the

cash flows.


Solving for IRR results in a value of IRR = −2.22 percent.

Note that A and B are incorrect because the time-weighted rate of return (TWR) of the fund is the same as the geometric mean return of the fund and is positive:


所以,我就直接选m(不知道算取巧不)

1 个答案

品职助教_七七 · 2024年09月19日

嗨,努力学习的PZer你好:


可以的。考试如果有类似的情况也这样做,可以直接快速选出答案。

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努力的时光都是限量版,加油!