NO.PZ2015120604000100
问题如下:
An investor purchase a stock's which initial price is $20 and its year-end price is $25, what is its continuously compounded annual rate of return,assuming the investor sell the stock at the end of the year?
选项:
A. 16.64%.
B. 22.31%.
C. 18.00%.
解释:
B is correct.
The stock's continuously compounded annual rate of return is ln(25 /20) = 22.31%.
没找到😂具体的位置。。。