Question

A stock is valued at $28.00. The annual expected return is 9.0% and the standard deviation of annualized returns is 19.0%. If the stock is lognormally distributed, what is the expected median stock price after 4 years?
A) $28.00
B) $32.33
C) $40.13
D) $54.60

Answer

This answer is hidden. It contains 1 characters.