问题如下:
The weekly closing prices of Mordice Corporation shares are as follows:
The continuously compounded return of Mordice Corporation shares for the period August 1 to August 15 is closest to:
选项:
A.6.90%
B.7.14%
C.8.95%
解释:
A is correct.
The continuously compounded return of an asset over a period is equal to the natural log of period’s change. In this case: ln(120/112) = 6.90%
老师,我用这个公式【1+(120-112)/112】^36015 = 1+EAR ,这样是不是算的一年的年化利率?
再往下算连续利率好像就只能这样,【(1+X/m)^m】^ 365/15 = 1+EAR
好像绕了一圈,不过想问问这么想对吗?