CFA Practice Question

There are 294 practice questions for this study session.

CFA Practice Question

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%
Correct Answer: B

(1 + 0.18)12/20 - 1= 10.44%

User Contributed Comments 0

You need to log in first to add your comment.