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Suppose that a stock price has an expected return of 16% per annum and a volatility of 30% per annum. When the stock price at

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Suppose that a stock price has an expected return of 16% per annum and a volatility of 30% per annum. When the stock price at the end of a certain day is $50, calculate the following: (Assume a 365 day year) a) The expected stock price at the end of the next day. Answer to 4 decimal places. b) The standard deviation of the stock price at the end of the next day. Answer to 4 decimal places. c) The 95% confidence interval for the stock price at the end of the next day. Answer to 4 decimal places. d) The expected stock price in 1 year. Answer to 2 decimal places. e) The 95% confidence interval for the stock price in 1 year. Answer to 2 decimal places

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