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Suppose that an asset price is $42.9 and that its daily volatility is 11.8%. Assuming that the price of the asset is normally distributed, we

Suppose that an asset price is $42.9 and that its daily volatility is 11.8%. Assuming that the price of the asset is normally distributed, we can be 99% (z=2.33) certain that the asset price will be higher than $

. Please use two decimal places.

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