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A stock is trading at $100. Assume that the stock price follows lognormal distribution. The expected return on the stock is 5% and the volatility

A stock is trading at $100. Assume that the stock price follows lognormal distribution. The expected return on the stock is 5% and the volatility of the stock return is 40%. Let S be the stock price after six months. What is the mean and standard deviation of ln(S) (natural log of S)? What is the median value of S (50th percentile value)?

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