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:
Look down
Step-by-step explanation:
So, to use distributive property you have to multiply the out side to the inside.
3(9-4)=15-8
Multiply 3and nine then 4.
3+27-12=15-8
I hope this helped you
Answer:
120
Step-by-step explanation:
The LCM of 24 and 30 is 120. To find the least common multiple (LCM) of 24 and 30, we need to find the multiples of 24 and 30 (multiples of 24 = 24, 48, 72, 96 . . . 120; multiples of 30 = 30, 60, 90, 120) and choose the smallest multiple that is exactly divisible by 24 and 30, i.e., 120.
Answer:
every pair is being multi by the next number
Step-by-step explanation:
2 x 3 =6
3 x 4 = 12 so the second number goes up one every time
I have no idea literally the only thing I know is pre k answers I literally have an F in math
