You are currently earning 12 compounded semiannually your
You are currently earning 12% compounded semiannually. Your investment company is switching all accounts to daily compounding. What rate will give you the same effective annual rate of return as you are receiving now?
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assume that the spot position comprises 1000000 units in the stock index the size of one futures contract is 10000
you are currently earning 12 compounded semiannually your investment company is switching all accounts to daily
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