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Basic Question 1 of 13

An investor invested $10,000 in an open-end mutual fund. 103 days later his investment is worth $10,372. What's his annualized rate of return?

A. 13.18%
B. 13.82%
C. 14.37%
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User Contributed Comments 1

User Comment
walterli or 10000x(1+?)^(103/356)= 10372 use calculator to get the yield
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Lina

Lina

Learning Outcome Statements

calculate and interpret annualized return measures and continuously compounded returns, and describe their appropriate uses

CFA® 2025 Level I Curriculum, Volume 1, Module 1.