Answer:
the stock will sell for $59.16
Step-by-step explanation:
P0 = 2 * (1+0.2) / (1+0.105) + 2 * (1+0.2) * (1+0.12) / (1+0.105)^2 +
2*(1+0.2)*(1+0.12)^2 / (1+0.105)^3 +
[(2 * (1+0.2) * (1+0.12)^2 * (1+0.06) / (0.105-0.06)) / (1+0.105)^3 ]
P0 = $59.16
The third one is a point with the first equation.
I had to simplify the second equation.
It simplified to,

The second one with the above is didn't go through so I'd say no solution.
Answer:
first one
Step-by-step explanation:
B is a variable that is as far as it can be solved
If there is more information then you should use it but if that is then yes it is possible if you think hard enough.