Fifty years ago, an investor

Fifty years ago, an investor bought a share of stock for $10. The stock has paid no dividends during this period, yet it has returned 20%, compounded annually, over the past 50 years. If this is true, the share price is now closest to:...

2021年CFA考试《Level Ⅰ》考试题库-CFA考试(Level Ⅰ)-Study Session 2 Quantitative Methods Basic Concepts-

财会经济-CFA特许金融分析师

单选题-Fifty years ago, an investor bought a share of stock for $10. The stock has paid no dividends during this period, yet it has returned 20%, compounded annually, over the past 50 years. If this is true, the share price is now closest to:

单选题

A.$4,550

B.$45,502

C.$91,004

我个人认为这个应该是:C

解析:N = 50; I/Y = 20; PV =-10; PMT = 0; CPT → FV = $91,004.38

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