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On January 1 , Swifty Inc. completed its analysis of the prospects for the Geriatric Toy Store and concluded that there was a 1 5
On January Swifty Inc. completed its analysis of the prospects for the Geriatric Toy Store and concluded that there was a percent chance the stock price would be $ in one year and an percent chance the stock price would be $ Six months later, Swifty Inc. revised its estimated probabilities to a percent chance of a stock price of $ and a percent chance of $ If the market agrees with Swifty Inc's revised probabilities, whaths the expected change in stock price from January to July Assume the discount rate is zero. Round answer to decimal places, eg
Expected change in stock price Increase or decrease of $
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