The stock price of a FI is $70. Using the Black-Scholes model, expected return is 15% with a volatility of 25% p.a. The stock price that has a 2.5% probability of being exceeded in 6 months equals (accurate to 2dp)

EDIT: Regarding the 'Expert comments below' i am not provided any strike price in the question, I am sorry but i cannot provide that information.

The answer is $105.04 i'm not sure if that helps on how to arrive at the answer??

Question 6 Not yet saved Marked out of 1.00 Remove flag The stock price of a Fl is $70. Using the Black-Scholes model, expected return is 15% with a volatility of 25% p.a. The stock price that has a 2.5% probability of being exceeded in 6 months equals (accurate to 2dp) Answer: Question 6 Not yet saved Marked out of 1.00 Remove flag The stock price of a Fl is $70. Using the Black-Scholes model, expected return is 15% with a volatility of 25% p.a. The stock price that has a 2.5% probability of being exceeded in 6 months equals (accurate to 2dp)