A Continuously Compounded Return Is Always Less Than the Equivalent

question 31

True/False

A continuously compounded return is always less than the equivalent discrete return.

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Definitions:

Age Set

A formally established group of people born during a certain time span who move together through the series of age-grade categories.

Age Grade

An organized category of people based on age; all individuals pass through a series of such categories over their lifetime.

Castes

Social stratification systems found in some societies, where individuals are born into specific social groups with defined roles and privileges.

Digital Age

The Digital Age refers to the current era marked by the widespread use of digital technology, including computers, the internet, and other forms of digital communication.