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