Webster company stock doesnt pay any dividends and it sells, Ask an Expert

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Webster Company stock doesn't pay any dividends and it sells for $55 share. The continuously compounded expected return of stock is .12, with standard deviation of 0.22. Find out the probability that the stock will be selling for more than $60 after 1 year. The relationship between the current stock price S₀, future price S_T after time T, and continuously compounded rate of return r, is: S_T = S₀e^rT.

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M918216

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