Function compounded_growth_by_day 

fn compounded_growth_by_day<R: Scalar>(
    coupon: &OvernightCoupon,
    fwd: Option<&dyn YieldCurve<R>>,
    fixings: &FixingsView<'_, R>,
    as_of: NaiveDate,
) -> Result<R, CashflowError>

compounded_growth for a coupon that does not telescope: each day’s rate is read on its own, bounded, and compounded over its weight.