If the continuously compounded return on a stock is normal, then why is the stock price distribution

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If the continuously compounded return on a stock is normal, then why is the stock price distribution lognormal?

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Derivatives Principles And Practice

ISBN: 9780078034732

2nd Edition

Authors: Rangarajan Sundaram

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Question Posted: Jan 10, 2024 01:00 AM

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If the continuously compounded return on a stock is normal, then why is the stock price distribution

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Derivatives Principles And Practice

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