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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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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
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.