Question: 17. For log normally distributed returns, annual compound returns equal A the arithmetic average return minus half the variance. B. the arithmetic average return plus

17. For log normally distributed returns, annual compound returns equal A the arithmetic average return minus half the variance. B. the arithmetic average return plus half the variance. C. the arithmetic average return minus half the standard deviation. D. the arithmetic average return plus half the standard deviation
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
