Question: for log returns rt N (, ), which is true: 1. the simple return has a log normal distribution 2. Log can be obtained as
for log returns rt N (, ), which is true:
1. the simple return has a log normal distribution
2. Log can be obtained as the limit of the gross simple return when interest is added infinitely
3. if log return is constant over time, the multiperiod simple return increases over the period
4. if log return is constant over time, the annualized multiperiod log return increases over the period
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