Question
Let S(t), t0 be a stock price process modeled by a geometric Brownian motion process with drift parameter = 0.2 and volatility parameter = 0.3.
Let S(t), t0
be a stock price process modeled by a geometric Brownian motion process with drift parameter = 0.2 and volatility parameter = 0.3. What is the probability that the price at time t=2 will be larger than the price today (time t=0)?
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Short Term Financial Management
Authors: Ned C Hill
1st Edition
0023548207, 978-0023548208
