NO.PZ202403050900000404
问题如下：
Which of Szillat’s assumptions is least consistent with the BSM model?选项：
A.Assumption 1 B.Assumption 2 C.Assumption 3解释：
A Incorrect. Assumption 1 is a part of the BSM model.
B Incorrect. Assumption 2 is a part of the BSM model.
C Correct. Assumption 3 is not consistent with the BSM model. The BSM model assumes that the continuously compounded return (or the logarithmic return), not the annualized return, is normally distributed.
题目中问的是不符合BSM模型假设的选项，BSM假设是连续复合回报服从正态分布而不是年化回报服从正态分布，所以假设3的说法是不正确的。
这道题，是不是系统出错了，答案解析选C，选择C，判断错误
