The lognormal model for stock prices is given by S(t) = 10e0.034+0.1vtz, where Z N(0, 1 Determine the median of S(2). That is, find m such that

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The lognormal model for stock prices is given by S(t) = 10e0.031+0.1Vt%, where Z - N(0, 1).
Determine the median of S(2). That is, find m such that
Pr (S(2) < m) = 0.5.
Transcribed Image Text:The lognormal model for stock prices is given by S(t) = 10e0.031+0.1Vt%, where Z - N(0, 1). Determine the median of S(2). That is, find m such that Pr (S(2) < m) = 0.5.
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