Stock price = $25
Stock price is declined by 20% each year over the next 3 years.
So, stock price after 3 years will be = $25 * (1 - 0.20) * (1 - 0.20) * (1 - 0.20)
stock price after 3 years will be = $12.80
Answer is $12.80
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Only part e please
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