Answer:
The continuously compounded return of Mordice Corporation shares for the period August 1 to August 15 is closest to:______6.90%
Step-by-step explanation:
The question is incomplete. This is the complete version
The weekly closing prices of mordice corporation shares are as follows;
Date. Closing price
Ist August. 112
8 August 160
15 August. 120
Solution
The continuous compounded return of mordice corporation shares can be calculated by taking the natural log change
In(120/112)*100= 6.89% which is closest to 6.90%
