Question2 The following table shows the daily closing prices and daily returns for a non dividend-paying share for consecutive trading days. Day (i) | Price (S) | | In (S R30,00 R31,00 1,033 0,0328 R31,50 1,016 0,0159 R30,00 0,9520,0492 R32,00 1,066 0,0645 R34,00 1,062 0,0606 R32,00 0,9410,0606 R32,50 1,015 0,0155 R32,501,000 R31,25 0,96200392 2 6 10 2.1 Estimate the current annualized volatility of the share price, assuming a 252-day trading year. 4 2.2 State at least two assumptions regarding the stochastic process followed by the share price that you 12 have used to compute the volatility above