题目内容

Over a four-year period, a portfolio has returns of 10%, –2%, 18%, and –12%. The geometric mean return across the period is closest to:

A. 2.9%
B. 3.5%
C. 8.1%

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Which of the following is least likely to be a general feature underlying the preparation of financial statements within the IFRS Conceptual Framework?

A. Matching
B. Materiality
C. Accrual basis

A financial contract offers to pay €1,200 per month for five years with the first payment made today. Assuming an annual discount rate of 6.5%, compounded monthly, the present value of the contract is

A. €61,330
B. €61,663
C. €63,731

If the stated annual interest rate is 20% and the frequency of compounding is monthly, the effective annual rate (EAR) is closest to:

A. 20%.
B. 21%
C. 22%

An investor deposits £2,000 into an account that pays continuously compounded interest of 6% (nominal annual rate). The value of the account at the end of four years is closest to:

A. £2,525
B. £2,542
C. £2,854

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