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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%

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