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a.) Suppose at the end of December 2022 your wealth is 1m. In 2022 , the quarterly returns (continuously compounded) were as follows: 2% (Q1),
a.) Suppose at the end of December 2022 your wealth is 1m. In 2022 , the quarterly returns (continuously compounded) were as follows: 2% (Q1), 1% (Q2), 3\% (Q3) and -4\% (Q4). (i.) Calculate your wealth at the beginning of 2022. (ii.) What are the annual arithmetic and annual continuously compounded (i.e. n-period) returns for 2022
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