Question
Consider the end of day prices for Wesfarmer (WES) for Monday through Thursday. Day WES price (end of day) Monday $22.00 Tuesday $24.80 Wednesday $25.90
Consider the end of day prices for Wesfarmer (WES) for Monday through Thursday.
Day WES price (end of day)
Monday $22.00
Tuesday $24.80
Wednesday $25.90
Thursday $26.00
Suppose an investor short sells WES (sell on Monday and buy back on Thursday) over this period, calculate their continuously compounded return to the investor.
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Finance
Authors: Ehsan Nikbakht, A A Groppelli
6th Edition
0764147595, 9780764147593
