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)
</u></h3>
$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.
Based on the definition of <em>composite</em> figure, the area of the <em>composite</em> figure ABC formed by a semicircle and <em>right</em> triangle is approximately 32.137 square centimeters.
<h3>How to find the area of the composite figure</h3>
The area of the <em>composite</em> figure is the sum of two areas, the area of a semicircle and the area of a <em>right</em> triangle. The formula for the area of the composite figure is described below:
A = (1/2) · AB · BC + (π/8) · BC² (1)
If we know that AB = 6 cm and BC = 6 cm, then the area of the composite figure is:
A = (1/2) · (6 cm)² + (π/8) · (6 cm)²
A ≈ 32.137 cm²
Based on the definition of <em>composite</em> figure, the area of the <em>composite</em> figure ABC formed by a semicircle and <em>right</em> triangle is approximately 32.137 square centimeters.
To learn more on composite figures: brainly.com/question/1284145
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Answer:
100
Step-by-step explanation:
Answer:
Step-by-step explanation:
lets have one side =a
P=3a+a+(17+a)=52
P=5a+17=52
5a=52-17
5a=35
a=7
second side=21
third side=24
y = 8 -2x
x + 2 (8 - 2x) = 1
x + 16 - 4x = 1
x - 4x = -15
-3x = -15
x = 5
If x = 5, then we can substitute in...
5 + 2y = 1
2y = -4
y = -2
Now let us check that by substituting those values in to the equation
2x + y = 8
2 (5) + (-2) = 8
That is correct so we have the right values for x and y/
