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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?
B. 13.82%
C. 14.37%
A. 13.18%
B. 13.82%
C. 14.37%
User Contributed Comments 1
| User | Comment |
|---|---|
| walterli | or 10000x(1+?)^(103/356)= 10372 use calculator to get the yield |
You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu
Learning Outcome Statements
calculate and interpret annualized return measures and continuously compounded returns, and describe their appropriate uses
CFA® 2026 Level I Curriculum, Volume 1, Module 1.