问题
单项选择题
Jack Smith, CFA, manages the Heaven Foundation Portfolio and does research about yield calculation. Which of the following yields considers an annualized rate of return that accounts for the impact of interest on interest for different frequencies of compounding（）
A. Holding period yield.
B. Effective annual yield.
C. Money market yield.
答案
参考答案：B
解析：
有效年利率(Effective annual yield)是指考虑利息的再投资收益，且假设年天数为365天的年化收益率。持有期收益率(Holding period yield)是指只考虑在持有期限内的收益率，不考虑利息的再投资收益。
货币市场收益率(Money market yield)是指假设年天数为360天的年化的持有期收益率，但不考虑利息的再投资收益。
