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.
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brainly.com/question/12834805
Answer:
0 to 10
What is the constant of luck as shown in the graph
Hello!
The last one is no solution because the graphs do not intersect.
Answer:
Step-by-step explanation:
-4
x
6
x = {-4,-3,-2,-1,0,1,2,3,4,5,6}
Hope I helped...