Please assist with the given.
Suppose that a stock price has an expected return of 16% per annum and a volatility of 30% per annum. When the stock price at the end of a certain day is $50, calculate the following:
1) The expected stock price at the end of the following day.
2) The standard deviation of the stock at the end of the next day
3) The 95% confidence limits for the stock price at the end of the next day