第04ç«  投资收益ä&ce

第04ç«  投资收益ä&ce

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Unformatted text preview: HPR=( + )/ 5000 5200 (52005000+0)/5000=200/5000=0.04=4% [(19500)-(20500)+(4500)]/(20500) =0.15=15% = [ ( 365) ] 5 17 15%[1/5]=3% 4%[12/17]=2.82% R R (R 1 +R 2 ++R N )/N 4 10% -5% 0 23% (10%-5%+0+23%)/4=28%/4=7% R G R G =[(1+ R 1 )(1+R 2 )(1+ R n-1 ) (1+ R n )] 1/n-1 4 R G =[(1+ 0.1)(1-0.05)(1+0)(1+0.23)] 1/4-1 =1. 065-1=0.065=6.5% R TW =[(1+ R 1 )(1+R 2 )(1+ R n-1 ) (1+ R n )]-1 1/n R real =[(1+ R nom )/(1+h)]-1 R real R nom h 8% 5% [(1+0.08)/(1+0.05)]-1=1.02857-1=0.02857=2.857% R real R nom h 1 20 1000 20 4% 2.19 456.39 7.69% 6% 3.21 311.80 5.66% 8% 4.66 214.55 3.70% 10% 6.73 148.64 1.82% 12% 9.65 103.67 0.00% n (%) 1 6.00000 2 6.09000 4 6.13636 12 6.16778 52 6.17998 365 6.18313 R EFF =[1+(APR)/n] n 1 APR n n (1+APR/n)...
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This note was uploaded on 11/30/2011 for the course BUSINESS Finance taught by Professor Zhou during the Summer '10 term at Tsinghua University.

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第04ç«  投资收益ä&ce

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