单项选择题:
An analyst does research about continuously pounded retum and gathers the following information about a security:Year Return 1 11% 2 -13% 3 16%The security continuously pounded return over the three-year holding period is closest to:()
A. 12.0% B. 14.0% C. 15.0%
网友回答
答案:C
解析:e0.11×e-0.13×e0.16-1=15.0%。