
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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We assume that the stochastic process for a stock price is an Arithmetic Brownian motion, with a drift of 51% and, diffusion of 50%. Find the probability that the stock price will be between $0.11 and $2.07 in 3 years.
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