Posts: 9
Joined: Fri Aug 05, 2016 5:52 am


Postby azharmohammad » Tue Oct 04, 2016 11:08 am

How this value has arrived 1.173511 in the second last step of this example in continuous compounding?
IMG_20161004_162647.jpg (686.94 KiB) Viewed 1303 times


Finance Junkie
Posts: 946
Joined: Wed Apr 09, 2014 6:28 am


Postby edupristine » Wed Oct 05, 2016 10:18 am

Hi Azahar
As we know that the value of e is 2.7182818 and here in this Question you have to solve the equation
= 10,000e^0.16
so the value of (2.7182818)^0.16 is 1.173511

Return to “CFA Level I”



Global Association of Risk Professionals, Inc. (GARP®) does not endorse, promote, review or warrant the accuracy of the products or services offered by EduPristine for FRM® related information, nor does it endorse any pass rates claimed by the provider. Further, GARP® is not responsible for any fees or costs paid by the user to EduPristine nor is GARP® responsible for any fees or costs of any person or entity providing any services to EduPristine Study Program. FRM®, GARP® and Global Association of Risk Professionals®, are trademarks owned by the Global Association of Risk Professionals, Inc

CFA Institute does not endorse, promote, or warrant the accuracy or quality of the products or services offered by EduPristine. CFA Institute, CFA®, Claritas® and Chartered Financial Analyst® are trademarks owned by CFA Institute.

Utmost care has been taken to ensure that there is no copyright violation or infringement in any of our content. Still, in case you feel that there is any copyright violation of any kind please send a mail to abuse@edupristine.com and we will rectify it.