Question: Question 8 1 pts a Consider a stock whose price follows a geometric Brownian motion (GBM) with drift equal to 11% per year and volatility

Question 8 1 pts a Consider a stock whose price follows

Question 8 1 pts a Consider a stock whose price follows a geometric Brownian motion (GBM) with drift equal to 11% per year and volatility of 53% per year. The current spot price is $122. Compute the expected spot price in 18 months from now. Express your answer with two decimals

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