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NEW QUESTION: 1
Continuously compounded returns for an asset that increases in price from S1 to S2 over time period t (assuming no dividends or other distributions) are given by:
A. exp(S2/S1 - 1)*t
B. (S2 - S1) / S1
C. ln(S2/S1)
D. ln(S2/S1 - 1)
Answer: C
Explanation:
Explanation
Choice 'd' is the correct answer. Continuously compounded returns are given by the log of S2/S1. The expression (S2 - S1)/S1 gives discrete returns, not continuously compounded returns.
Note that the question is only asking for the return over the given time period, not annualized returns. So t is not relevant here. If we had to find annualized returns, and t were expressed in years, then the annualized return would have been (1/t)*ln(S2/S1).
Also refer to the tutorial on interest rates and compounding for more information on continuously compounded rates.

NEW QUESTION: 2
感度に基づいて資産を分類することの最大の利点は何ですか？
A. 組織は規制ガイドラインに準拠しています。
B. 資産の所有権を適切に割り当てるためのデータが利用可能です。
C. スタッフはより現実的なリスクシナリオを作成できます。
D. 組織は適切なレベルの保護を割り当てることができます。
Answer: D

NEW QUESTION: 3
経済問題を抱えたある国にある未来の高級ホテルに投資することを投資家は検討しています。このホテルを開発する会社のマーケットインテリジェンスマネージャーと何度か会った後、金融会社はこのプロジェクトへの投資について懐疑的なままです。
投資家を説得するためにプロジェクトマネージャーは何を提供する必要がありますか？
A. スコープ開発計画。
開発する会社の市場情報マネージャーとのいくつかの会議の後
B. 経済状況の予測を提供するビジネスケース。
C. プロジェクトの正味現在価値（NPV）。
D. インフレと国内総生産（GDP）予測を考慮したプロジェクト計画。
Answer: B