SOA FMFinancial Mathematics
Associateship (ASA)
2.5 hours·30 multiple-choice·≈250 study hoursScore 0/0 · 10 MC
- FM · Q1Multiple choiceGeneral cash flows & portfolios
A fund begins the year with 100. A deposit of 50 is made at , immediately after which the fund is valued at 170. The fund value just before the deposit (at ) was 120, and the year-end value is 180. Calculate the time-weighted annual return.
- FM · Q2Multiple choiceGeneral cash flows & portfolios
Using the same fund as above (begin 100, deposit 50 at , end value 180), calculate the (exact) money-weighted annual return solving .