A Stock Is Valued at $28

question 17

Multiple Choice

A stock is valued at $28.00.The annual expected return is 9.0% and the standard deviation of annualized returns is 19.0%.If the stock is lognormally distributed,what is the expected median stock price after 4 years?

• A) $28.00
• B) $32.33
• C) $40.13
• D) $54.60

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Definitions:

Intelligence Scores

Quantitative measures assessing cognitive abilities and potential, typically obtained through standardized testing.

Genetic Influences

The effects that the genetic makeup of an individual has on their traits and behaviors.

SES Groups

Refers to socioeconomic status groups, categorizing individuals or families based on income, education, and occupational status.

Heritability Ratios

Heritability ratios are statistical estimates that indicate how much of the variation in a specific trait within a population can be attributed to genetic differences.