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7. (6 points) You are given the following daily dosing prices for a non-dividend paying stock forone week Day Price 1 31.50 2 31.55 3

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7. (6 points) You are given the following daily dosing prices for a non-dividend paying stock forone week Day Price 1 31.50 2 31.55 3 31.50 4 31.62 5 31.75 Assume there are 250 trading days per year for the stock. Estimate the annual contin- uously compounded return on the stock.

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