An analyst does research about continuously compounded retum and gathers the following

发布时间:2021-04-12 12:40:17

单项选择题:
An analyst does research about continuously pounded retum and gathers the following information about a security:Year Return 1 11% 2 -13% 3 16%The security continuously pounded return over the three-year holding period is closest to:()
A. 12.0% B. 14.0% C. 15.0%

网友回答

答案:C
  解析:e0.11×e-0.13×e0.16-1=15.0%。
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