At the beginning of 2015, you have $100 invested in a stock. Each year there is a

Question:

At the beginning of 2015, you have $100 invested in a stock. Each year there is a 60 percent chance that the stock increases 50 percent, a 20 percent chance the stock goes up 10 percent, and a 20 percent chance the stock drops 50 percent. What is the chance that by the beginning of 2065, your cash level will (at least once) have reached $10,000?

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