NO.PZ2018062016000104
问题如下:
A financial analyst is examining whether a two years price of stock A, last year is $45, this year is 77, what is most likely correct?
选项:
A. the continuously compounded rate of return is 53.71%
B. the continuously compounded rate of return is 71.11%
C. the continuously compounded rate of return is 43.32%
解释:
A is correct. the continuously compounded rate of return is ln(77/45)=0.5371.
为什么这道题与lognormal有关系呢 用到了哪个性质呢