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continuous compounding of interest rates-Logarithm
Dear experts
I am reading a book on Derivatives.
In this i have come across continuous compounding of interest rates. The author has applied log in the equation. This is where i am stuck.
Can anyone kindly look at the attached document and point me to a youtube video which will explain these steps.
In the recent past I have raised a question on 'e'. I have got responses. I will be honest i have gone through those videos in detail, yet. I will watch those videos tomorrow.
But any help in the meantime is always welcome.
Thank you
Continuous-compounding-Logarithm.docx
I am reading a book on Derivatives.
In this i have come across continuous compounding of interest rates. The author has applied log in the equation. This is where i am stuck.
Can anyone kindly look at the attached document and point me to a youtube video which will explain these steps.
In the recent past I have raised a question on 'e'. I have got responses. I will be honest i have gone through those videos in detail, yet. I will watch those videos tomorrow.
But any help in the meantime is always welcome.
Thank you
Continuous-compounding-Logarithm.docx
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