Until uncertainty about the growth rate is resolved, the volatility of the stock price could well be much higher than 18% - perhaps as high at 25%. What would the value be in that case?

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The Answer of Until uncertainty about the growth rate is resolved, the volatility of the stock price could well be much higher than 18% - perhaps as high at 25%. What would the value be in that case?

Until Uncertainty About the Growth Rate Is Resolved, the Volatility