NO.PZ2023080903000023
问题如下：
If the value of a commodity increases from $12.50 to $13.75 over a span of one year, what is the approximate continuously compounded rate of return?
选项：
A.
9.52%
B.
10.00%
C.
8.89%
解释：
The continuously compounded rate of return can be calculated using the formula:
Continuous Rate of Return = ln(P1 / P0)
Where P0 is the initial price and P1 is the final price.
Continuous Rate of Return = ln($13.75 / $12.50) ≈ ln(1.1) ≈ 0.0952
Converting the continuous rate to a percentage, we get an approximate value of 9.52%, which is closest to option A.
13.75/12.5=1.1=10%
