NO.PZ2022071202000058
问题如下:
Question If a stock’s continuously compounded return is normally distributed, then the distribution of the future stock price is best described as being:选项:
A.normal. B.a Student’s t. C.lognormal.解释:
SolutionC is correct. If a stock’s continuously compounded return is normally distributed, then the future stock price is necessarily lognormally distributed.
A is incorrect. If a stock’s continuously compounded return is normally distributed, then future stock price is necessarily lognormally distributed.
B is incorrect. If a stock’s continuously compounded return is normally distributed, then future stock price is necessarily lognormally distributed.
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