Seeing is believing!

Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.

Basic Question 2 of 13

An analyst obtains the following information for a mutual fund:

Time since inception: 20 months
Return since inception: 18%

What is the mutual fund's annualized rate of return?

A. 10.8%
B. 10.44%
C. 10.1%

User Contributed Comments 0

You need to log in first to add your comment.
You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

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

CFA® 2024 Level I Curriculum, Volume 1, Module 1.