Given a 1,000,000 investment for four years with a stated annual rate of 3% compounded continuously, the

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Given a €1,000,000 investment for four years with a stated annual rate of 3%

compounded continuously, the difference in its interest earnings compared with the same investment compounded daily is closest to:

A. €1.

B. €6.

C. €455.

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Quantitative Investment Analysis

ISBN: 9781119743620

4th Edition

Authors: CFA Institute

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Question Posted: Oct 25, 2024 10:05 AM

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Given a 1,000,000 investment for four years with a stated annual rate of 3% compounded continuously, the

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Quantitative Investment Analysis

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