问题
单项选择题
An analyst does research about continuously compounded retum and gathers the following information about a security:
Year | Return |
1 | 11% |
2 | -13% |
3 | 16% |
A. 12.0%
B. 14.0%
C. 15.0%
答案
参考答案:C
解析:
e0.11×e-0.13×e0.16-1=15.0%。