question archive The logarithmic return for a stock is normal with an annualized mean of 12% and an annualized standard deviation of 50%
Subject:FinancePrice:2.86 Bought3
The logarithmic return for a stock is normal with an annualized mean of 12% and an annualized standard deviation of 50%.
Assume you were thinking of buying the stock. What is the probability that in six months time you will lose money? Show each step of your calculation.
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