A very optimistic hedge fund investor expects his single-deposit investment to triple in value in 5 years.

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(a) What is the required effective monthly rate, compounded continuously?

(b) What is the corresponding effective annual rate needed?

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Dec 24, 2018 10:25 AM

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A very optimistic hedge fund investor expects his single-deposit investment to triple in value in 5 years.

Question:

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a Set up FP equation in m...View the full answer

Engineering Economy

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