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Q10 You are asked to determine the average time, in days, it takes for an investment to provide a return of 5%. Assume the
Q10 You are asked to determine the average time, in days, it takes for an investment to provide a return of 5%. Assume the investment's daily returns follow a normal distribution and that you are given the mean m and standard deviations of that distribution, and that the time horizon does not exceed N days. Write a sketch of a simulation code that would provide the answer.
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
