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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 220 Topic 23 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 220 Topic 23 Discussion

GLO_CWM_LVL_1 Exam Topic 23 Question 220 Discussion:
Question #: 220
Topic #: 23

Rahul had invested in an open ended Mutual Fund when the NAV of the fund was Rs. 10. After 6 months the NAV was Rs. 12. Calculate the annualized percentage change in the fund ignoring all charges.


A.

40%


B.

36.64%


C.

80%


D.

96%


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