...........................
324/648
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
A reference angle is formed by the terminal side and the horizontal axis (aka x axis). Replace each "access" with "axis" as those are typos. By definition, a reference angle is between 0 and 90 degrees so the angle is always acute.
Answer: Choice B
The answer is 4
So the ratio would be 12/4
Then u simplify into 4/1 ( I divided each number by 4)
-12 is a rational number, an integer, a real number, and a whole number.
