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Luke is always concerned about the downside risk of taking a position, long or short, in any stock. He wants to see a risk profile.
Luke is always concerned about the downside risk of taking a position, long or short, in any stock. He wants to see a risk profile. If ebay trades at, say, $30, assuming return normality approximately what is the likelihood it will be below $22 in two weeks? Show all calculations. For simplicity, assume that ebay's two-week expected return is zero.
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