Stock return calculation-normal distribution

Reference no: EM13100777

Farrell Corporation's common stock is $25. The price is expected to increase by $5 over the coming year. The standard deviation of the expected price is $3. The distribution of the end of year possible price is approximately normal. Determine the probability of earning a return greater than 30 percent over the coming year from your investment in Farrell common stock.

Reference no: EM13100777

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