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A stock's price follows a lognormal distribution. The current stock price is 100. You are given that the continuously compounded expected rate of return on

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A stock's price follows a lognormal distribution. The current stock price is 100. You are given that the continuously compounded expected rate of return on the stock is 0.12, the continuously compounded dividend rate is 0.03, and the volatility is 0.4. Determine the value t, for which the median stock price of the stock at time t is 110

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