Answer:
Step-by-step explanation:
An option to buy a stock is priced at $150. If the stock closes above 30 next Thursday, the option will be worth $1000. If it closes below 20, the option will be worth nothing, and if it closes between 20 and 30, the option will be worth $200. A trader thinks there is a 50% chance that the stock will close in the 20-30 range, a 20% chance that it will close above 30, and a 30% chance that it will fall below 20.
a) Let X represent the price of the option
<h3><u> x P(X=x)
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$1000 20/100 = 0.2
$200 50/100 = 0.5
$0 30/100 = 0.3
b) Expected option price

Therefore expected gain = $300 - $150 = $150
c) The trader should buy the stock. Since there is an positive expected gain($150) in trading that stock option.
Answer:
36 + 36 = 72
Step-by-step explanation:
Answer:3/20
Step-by-step explanation:
Heads=Boy
Tails=Girl
If the first 3 students are boys, all 3 coins must be heads.
Because in 3 of these experiments, the coins all land on heads, and there are 20 experiments completed, 3 out of the 20 experiments are 3 boys; 3/20.
The equation of line perpendicular to x-2y=-16 passing through (9,8) is: y=-2x+26
Step-by-step explanation:
Given

The equation is in slope-intercept form, the coefficient of x will be the slope of given line. The slope is: 1/2
As the product of slopes of two perpendicular lines is -1.

Slope intercept form is:

Putting the value of slope
y=-2x+b
To find the value of b, putting (9,8) in the equation

Putting the values of b and m

Hence,
The equation of line perpendicular to x-2y=-16 passing through (9,8) is: y=-2x+26
Keywords: Equation of line, Slope-intercept form
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g(x) = -3x - 8
g(x) = 10
⇒ -3x - 8 = 10
⇒ -3x = 18
⇒ x= -6
g(-6) = 10 <==== answer is -6