The continuously compounded return of mordice corporation shares for the period august 1 to august 15 is closest to:

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%