You must look first for the probability of the 4 prizes
which are $500, $100, $25, and no prize.
P ($500 prize) = 1/100 or 0.01
P ($100 prize) = 2/100 or 0.02
P ($25 prize) = 4/100 or 0.04
P (No prize) = 100/100 – 1+2+4/100 =93/100 .93
Expected gain or loss is computed by: (P(x)* n)
E= (500-10)*.01 + (100-10)*0.02 + (25-10)* 0.04 + (-10)*.93
= 4.90 + 1.80 + 0.6 – 9.3
E = -2
There is a loss of $2.
Makes there wearer look cool of course ;)
Answer: (E) Independence, resourcefulness, and entrepreneurship
Explanation:
According to the given question, the Stephanie is the student and she recently done his graduation in the computer programming subject a she is interested in the various types global companies profiles.
So, working in the different countries exhibiting the independence, entrepreneurship and also the resourcefulness skills that helps in managing the good position in an organization.
The above mentions skills helps in providing the effective managerial skills and also resourceful mindset is one of the type of ability that helps in providing the good visualizing for achieving the desirable goals in an organization.
Therefore, Option (E) is correct answer.
Answer:
$65
Explanation:
The calculation of the break even price for this position is given elow:
Break even price is
= Strike price - premium
= $70 - $5
= $65
The stock goes increase i.e. upwards to $65 so the amount that lose is only $5 but it declines than the stock would be $0
Therefore, the break even price of this position is $65
So, by using the above formula we can get the break even price and the same is to be considered