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CFA Level I
in the formula what does "e" indicates??? Video Details ------------- CFA Level 1 Derivatives #17. Pricing of Stock / Commodity Forward / Futures
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Dhakshana Dhakshanathe formula is e^(r-b+c-i) so what is e here pls explain
read link below & then go to calculator video part 2 in introduction chapter and watch first 5 minutes. You will understand what is e https://www.investopedia.com/terms/c/continuouscompounding.asp value of e is 2.7183