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Harbin Manufacturing has 10 million shares outstanding with a current share price of $ 21.31 per share. In one year, the share price is equally

Harbin Manufacturing has 10 million shares outstanding with a current share price of $ 21.31 per share. In one year, the share price is equally likely to be $ 30 or $ 20. The risk-free interest rate is 6 %.

a. What is the expected return on Harbin stock?

b. What is the risk-neutral probability that Harbin's stock price will increase?

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