Question: The daily log returns on a stock are normally distributed with mean 0.0002 and standard deviation 0.03. The stock price is now $97. What is

The daily log returns on a stock are normally distributed with mean 0.0002 and standard deviation 0.03. The stock price is now $97. What is the probability that it will exceed $100 after 20 trading days?

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To have the stock price greater than 100 means that the log return needs to be larger ... View full answer

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