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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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