The expected value that this broker assign to this stock's end-of-the-year price is $58.50.
Using this formula
Expected value=Stock worth at $50+ Stock worth at $60+ Stock worth at $70
Where:
Stock worth at $50=40% chance
Stock worth at $60=35% chance
Stock worth at $70=25% chance
Let plug in the formula
Expected value=(40%×$50)+($35%×$60)+($25%×$70)
Expected value=$20+$21+$17.5
Expected value=$58.50
Inconclusion the expected value that this broker assign to this stock's end-of-the-year price is $58.50.
Learn more here:
brainly.com/question/12834805
Answer:
27x
Step-by-step explanation: hope this helps
Answer:
Take another look at 4 and 6.
The others are correct.
Step-by-step explanation:
The sides of a 30°-60°-90° right triangle have the ratio 1 : √3 : 2. All your triangles (should) have these ratios.
Hello,
As somebody has distroyed my question, (may be he have not understood ?)
i will reply to y=(√x)+5
Answer:
$35
Step-by-step explanation:
50 * 30% = 15$ discount
50 - 15 = 35$ cost
30% discount is additional so based off sales price
