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:
Its an irregular pentagon
Step-by-step explanation:
It's called a perpendicular line
Answer:
13.75
OR
14
Step-by-step explanation:
55 calories are burned an hour while sleeping
There's 60 minutes in an hour
55/60 = 0.916666667
there's 0.916666667 calories burned in a minute
13.75 calories are burnt in 15 minutes.
If you round 13.75, it becomes 14.
