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Question 3 1 pts Assume that the prices for a stock follow a lognormal distribution. The current price of the stock is 85. The stock
Question 3 1 pts Assume that the prices for a stock follow a lognormal distribution. The current price of the stock is 85. The stock pays dividends continuously at a rate of 3.7% and has an expected annual yield of 11.3%. The volatility of the stock is 22%. An investor purchases 100 shares of the stock today. Assuming that the investor plans to reinvest the dividend payments into the stock as they are received, calculate the median value of the investment after after 4 years. 12,124.97 O 11,518.73 10,306.20 O 10,912.45 09699.96
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