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23.2. A stock's price follows a lognormal model. You are given: (i) The annual continuously compounded expected return on the stock is 10%. (ii) The
23.2. A stock's price follows a lognormal model. You are given: (i) The annual continuously compounded expected return on the stock is 10%. (ii) The volatility of the stock is 30%. Determine the probability that the rate of return over a one year period will be less than the expected rate of return
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