A stock is valued at $55.00. The annual expected return is 12.0% and the standard deviation of annualized returns is 22.0%. If the stock is lognormally distributed, what is the expected median stock price after 3 years?
A) $57.67
B) $67.67
C) $77.67
D) $87.67
A
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A) equity method B) consolidation C) cost method D) lower of cost or market method
Answer the following statements true (T) or false (F)
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