CFAI Practice Question 3A)

CFA Level II Equities
#1

Why is n=2 and not n=3 when calculating compound annual growth rate?

Thanks!

#2

Reading? Page No.?

#3

Reading 33 p.173 Question 3A.

#4

If you draw a timeline, you’ll see that $9 is at time = 0 while $15.5 is at time t = 2. Question asks you to assume beginning of period.