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Can you please walk me through turning EAR to the Equivalent Continuously Compounded rate? I have an EAR of 7.18% Professor gave me the follow
Can you please walk me through turning EAR to the Equivalent Continuously Compounded rate?
I have an EAR of 7.18%
Professor gave me the follow equation (1+EAR)=exp(rcc)
I do not know what exp is.
Thank you!
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