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    Derivatives Study Set 1
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    Exam 3: Pricing Forwards and Futures I
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    How Many Years Does It Take to Double Your Money
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How Many Years Does It Take to Double Your Money

Question 3

Question 3

Multiple Choice

How many years does it take to double your money if the continuously-compounded interest rate is 6%?


A) 11.55
B) 12.66
C) 13.77
D) 16.66

Correct Answer:

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