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The current price of CG Industries stock is $30. In the next year, the stock price will either go up by 10% or go down

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The current price of CG Industries stock is $30. In the next year, the stock price will either go up by 10% or go down by 20%. CG pays no dividends. The one-year risk-free rate is 5% and will remain constant. The risk neutral probability of a down state for CG industries is closest to: O 16.67% 66.67% 33.33% 83.33%

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