(SOLVED) The continuously compounded return of $100 million now to become $200 million in a year is?
Type of Paper: Question-Answer
Academic Level: Undergrad. (yrs 1-2)
Paper Format: APA
Pages: 1 Words: 40
Please provide and explain how to calculate and get the answer exactly like this, using excel!
1. The continuously compounded return of $100 million now to become $200 million in a year is?
2. The semiannually-compounded interest rate (j2) which is equivalent to an interest rate of 6% p.a. monthly compounded (j12 is 6%) is?
Expert Solution Preview
Page: 1 of 1