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Harbin Manufacturing has 10 million shares outstanding with a current share price of $20 per share. 1 answer below » Harbin Manufacturing has 10 million shares outstanding with a current share price of $20 per share. In one year, the share price is equally likely to be $30 or $18. The risk-free interest rate is 5%. What is the expected return on Harbin stock? What is the risk-neutral probability that Harbin’s stock price will increase? Sep 17 2015 01:56 PM
