So confused...for financial HW?

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OUANLAMAI

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HELP ME. I've no idea.

Write out the Taylor series expansion up to the 3rd order for a Stock Price with return μ and
volatility σ2 centered around a Bond with rates of return Rf and volatility σ1. What happens if
the Bond is risk free? Subjectively, what distribution do you assume the Stock price usually
follows? Give your reasons.

Thanks
 
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