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Basic Question 2 of 13
An analyst obtains the following information for a mutual fund:
Return since inception: 18%
B. 10.44%
C. 10.1%
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%
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
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.