开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

一只可爱的猪 · 2020年02月29日

问一道题:NO.PZ2018070201000039

问题如下:

Which of the following recently funded exchange-traded funds has the highest annualized rate of return?

选项:

A.

ETF A.

B.

ETF B

C.

ETF C.

解释:

B is correct.

Annualized rate of return of ETF A is 11.3% = (1.045 365/ 150  )-1

Annualized rate of return of ETF B is 16.8% = (1.012 52/4  )-1

Annualized rate of return of ETF C is 8.4% = (1.144 12/ 20 )-1

So, ETF B has the highest annualized return, despite having the lowest value for the periodic rate.

这个题目为什么不能按360天来算全部

(1+1.2%)^ 360/28

(1+14.4%)^ 360/600

1 个答案

星星_品职助教 · 2020年03月01日

同学你好,

如果是复利年化,就需要用365天。只有单利年化或者题目提示的情况下,才用360天。复利年化的形式是(1+HPR)^(365/150)次方,而单利年化的形式往往是HPR×360/150的形式。大部分的情况下都是用复利做年化的,只有LIBOR和FRA等特殊产品才用单利.

即使是复利做年化,也不能用365/28的形式来算,已经给了week数量,就需要直接用52周去计算,52周是364天,刻意转化反而会人为出现误差。同理,如果是月份,也是不能用365/600来算的,因为这个时候没法确定一个月用30还是31天。总之就是题干给了什么直接用就可以。

 

  • 1

    回答
  • 0

    关注
  • 331

    浏览
相关问题

NO.PZ2018070201000039问题如下Whiof the following recently funexchange-trafun hthe highest annualizerate of return?A.ETF A.B.ETF BC.ETF C. B is correct. Annualizerate of return of ETF A is 11.3% = (1.045365/150 ) -1 Annualizerate of return of ETF B is 16.8% = (1.01252/4 ) -1 Annualizerate of return of ETF C is 8.4% = (1.14412/20 ) -1 So, ETF B hthe highest annualizereturn, spite having the lowest value for the perioc rate. 我是按照老师上课讲的这个公式转年化计算的,结果也选B,所以转年化到底用哪个公式呢?

2022-08-03 20:24 2 · 回答

NO.PZ2018070201000039 问题如下 Whiof the following recently funexchange-trafun hthe highest annualizerate of return? A.ETF B.ETF C.ETF B is correct. Annualizerate of return of ETF A is 11.3% = (1.045365/150 ) -1 Annualizerate of return of ETF B is 16.8% = (1.01252/4 ) -1 Annualizerate of return of ETF C is 8.4% = (1.14412/20 ) -1 So, ETF B hthe highest annualizereturn, spite having the lowest value for the perioc rate. 麻烦告知一下

2022-06-14 22:46 1 · 回答

NO.PZ2018070201000039 ETF B ETF B is correct. Annualizerate of return of ETF A is 11.3% = (1.045365/150 ) -1 Annualizerate of return of ETF B is 16.8% = (1.01252/4 ) -1 Annualizerate of return of ETF C is 8.4% = (1.14412/20 ) -1 So, ETF B hthe highest annualizereturn, spite having the lowest value for the perioc rate. 比如第一个(1+4.5%/150)^365第二个(1+1.2%/4)^52第三个(1+14.4%/20)^12请问这样可以吗?谢谢

2022-04-29 12:58 3 · 回答

NO.PZ2018070201000039 我是把三个时间点都换算成月份,分别是5个月,1个月和20个月,然后用各自的收益率除以月份来比较的,这个方式可以吗?

2021-11-19 20:33 1 · 回答

NO.PZ2018070201000039 1.045的365/150次方 应该是怎么按计算器呢

2021-05-30 18:03 1 · 回答