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Basic Question 2 of 7
If the weekly return is 0.18%, the compound annual return is ______.
B. 9.57%
C. 9.8%
A. 9.36%
B. 9.57%
C. 9.8%
User Contributed Comments 3
| User | Comment |
|---|---|
| sarasyed5 | where does 52 come from? |
| jason1992 | 365/7=52 |
| ibrahim18 | @sarasyed5 52 is the number of weeks in a year since the return given is a weekly return |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
explain the relationship between normal and lognormal distributions and why the lognormal distribution is used to model asset prices when using continuously compounded asset returns
CFA® 2024 Level I Curriculum, Volume 1, Module 6.