Answer:
the answer is 5p+10
since the 5 is outside the partheis you gotta mutiply the numbers inside
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:
1.27388535028
Step-by-step explanation:
Simply using the formulas
Answer:
I belive the equation would be...
Step-by-step explanation:
8x+$35=$167.00
Hope it helps??
