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:
The answer is C.
Step-by-step explanation:
- This is because the range is all possible outputs but it is naturally known as "Y".
Answer:
the circumference=πd=26π=81.6mi

the angle is in degrees, thus, when taking either sine or cosine, make sure your calculator is in Degree mode
The first step to solve this problem is to convert the first mixed number to an improper fraction.

÷ 3 +

Dividing is equivalent to multiplying with the reciprocal value,, so next you will need to change the signs.

x

+

Multiply the fractions

+

Finally,, add the two fractions together to get your final answer

This means that the correct answer to your question is

.
Let me know if you have any further questions
:)