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  3. a stock's price follows a lognormal model. you are

A stock's price follows a lognormal model. You are given: (i) The current price of the...

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Advance Math

A stock's price follows a lognormal model. You are given:

(i) The current price of the stock is 105.

(ii) The probability that the stock's price will be less than 98at the end of 6 months is 0.3483.

(iii) The probability that the stock's price will be less than115 at the end of 9 months is 0.7123.

Calculate the expected price of the stock at the end of oneyear.

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