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The S&P 500 Index closed at 2863.39 on April 28 and closed at 2939.51 on April 29. Calculate the continuously compounded return on the index
The S&P 500 Index closed at 2863.39 on April 28 and closed at 2939.51 on April 29. Calculate the continuously compounded return on the index from April 28 to April 29. Answer to the nearest hundredth of a percent, for example 1.23%.
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