CFA LevelⅠ:至優(yōu)投資組合；資產(chǎn)收益度量

下載正保會(huì)計(jì)網(wǎng)校APP 訂閱最新報(bào)考消息

來(lái)源: 正保會(huì)計(jì)網(wǎng)校編輯：大耳朵圖圖 2020/09/08 14:40:17　字體：大小

學(xué)習(xí)是一個(gè)不斷積累的過(guò)程，每天學(xué)習(xí)一點(diǎn)，每天進(jìn)步一點(diǎn)！為了幫助大家更高效地備考2021年CFA考試，正保會(huì)計(jì)網(wǎng)校每日為大家上新CFA習(xí)題供大家練習(xí)。讓網(wǎng)校與您一起高效備考2021年CFA考試，夢(mèng)想成真！

1、 If Investor A has a lower risk aversion coefficient than Investor B, on the capital allocation line, will Investor B's optimal portfolio most likely have a higher expected return?

A. No, because Investor B has a higher risk tolerance

B. No, because Investor B has a lower risk tolerance

C. Yes

2、The return measure that best allows one to compare asset returns earned over different length time periods is the:

A. annualized return.

B. net portfolio return.

C. holding period return.

查看答案解析

【答案】

【解析】

Investor B has a higher risk aversion coefficient, thus a lower risk tolerance and a lower expected return on the capital allocation line.

查看答案解析

【答案】

【解析】

The annualized return is an average return measure that can be calculated using return data for a period that is shorter (or longer) than one year. In many cases, it is most convenient to annualize all available returns in order to compare returns when the time periods during which a return is earned or computed vary. It reflects the return that would be earned over a one-year period, assuming that money can be reinvested repeatedly while earning a similar return.

有時(shí)候，你必須一個(gè)人走，這不是孤獨(dú)，而是選擇。我們時(shí)時(shí)刻刻都在選擇，你選擇過(guò)什么樣的生活就需要付出什么樣的代價(jià)。既然選擇了CFA，就要朝著它勇敢向前，每天進(jìn)步一點(diǎn)點(diǎn)，基礎(chǔ)扎實(shí)一點(diǎn)點(diǎn)，通過(guò)考試也就會(huì)更容易一點(diǎn)點(diǎn)。

上一篇："investment portfolio" exercise : standa...

下一篇：CFA LevelⅠ：套期賬戶；資本資產(chǎn)定價(jià)模型