Companies such as GE that have huge amounts of cash flow every day base their financial calculations

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Companies such as GE that have huge amounts of cash flow every day base their financial calculations on continuous compounding. If the company wants to make an effective 25% per year, compounded continuously, what nominal daily rate of return has to be realized? Assume 365 days per year.

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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