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qid 271 · business
Question: Consider an arbitrage-free securities market model, in which the risk-free interest rate is constant. There are two nondividend-paying stocks whose price processes are: $S_1(t)=S_1(0)e^{0.1t+0.2Z(t)}$ $S_2(t)=S_2(0)e^{0.125t+0.3Z(t)}$ where $Z(t)$ is a standard Brownian motion ant $t\ge0$. What is the continuously compounded risk-free interest rate?
- 0.08
- 0.025
- 0.02
- 0.09
- 0.01
- 0.03
- 0.06
- 0.05
- 0.07
- 0.04
Our answer: C. 0.02 Source pending
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