Reading 31 Alternative Investments -- Original CFA Books Question: 12b

CFA Level III
#1

Hello to everyone,

I have a questions regarding 12b on page 110. Can anyone explain me, how they calculate in the solution the return of 0,6133% and -0.449%.

In my calculations I have some deviations.

It would be great if someone can tell me the rigth way to calculate this

BR

Patrick

#2

don’t focus too much on the 0.6133 and -0.449

I can assure you that you only need to compound the return given in the exhibit.

you should arrive ( with no aproximation ) at annulized rate of 7.3911% and -5.2577%