-Consider the End of Day Prices for ANZ and BHP

question 38

Multiple Choice

$\begin{array}{|c|c|c|}\hline \text { Day } & \begin{array}{c}\text { BHP price } \\\text { (end of day) }\end{array} & \begin{array}{c}\text { ANZ price } \\\text { (end of day) }\end{array} \\\hline \text { Monday } & \$ 18.20 & \$ 24.50 \\\hline \text { Tuesday } & \$ 19.00 & \$ 24.80 \\\hline \text { Wednesday } & \$ 17.80 & \$ 25.90 \\\hline \text { Thursday } & \$ 16.55 & \$ 26.00 \\\hline\end{array}$
-Consider the end of day prices for ANZ and BHP for Monday through Thursday.Suppose an investor short sells BHP over this period,calculate their continuously compounded return to the investor.

• A) \(-9.97 \%\)
• B) \(-9.95 \%\)
• C) \(9.50 \%\)
• D)\(9.97 \%\)

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