PRMIA 8008 Question Answer
If μ and σ are the expected rate of return and volatility of an asset whose prices are log-normally distributed, and Ψ a random drawing from a standard normal distribution, we can simulate the asset's returns using the expressions:
PRMIA 8008 Summary
- Vendor: PRMIA
- Product: 8008
- Update on: Jul 29, 2025
- Questions: 362
