Find probability that annual return for next year is greater
Problem: The price of a stock is $45. The expected annual return on the stock is 15% and the volatility is 50%. What is the probability that the annual return for the next year is greater than 25%?
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The expected annual return on the stock is 15% and the volatility is 50%. What is the probability that the annual return for the next year is greater than 25%?
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