n NISM Certifications
XVII NISM Series XVII
Medium

Mr. X invested in a security and sold it after 3 years, earning a CAGR of 12.54%. Which investor would have earned the same return?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    An investor who held the security for any one year during this period

  2. B

    An investor who held the security for any period during these three years

  3. An investor who held the security for the same three-year period

    Correct answer

  4. D

    CAGR is merely a calculating tool. It does not reflect the returns earned.

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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