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Mr. Austin noticed that the spot price of ABC stock is $100. He also learnt that the returns on the stock are normally distributed with
Mr. Austin noticed that the spot price of ABC stock is $100. He also learnt that the returns on the stock are normally distributed with mean 8% and variance 25% per annum. With this information, what will be 3 standard deviation change in the price of the stock in 3 weeks for Mr. Austin?
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