Answer:
a < - 3
Step-by-step explanation:
Given
- 2a > 6
Divide both sides by - 2, reversing the symbol as a result of dividing by a negative quantity, thus
a < - 3
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.
25q + 10d = 425
q + d = 20
First thing's first, picture 4 quarters. Do you know how much these 4 quarters are worth? Obviously, you'd answer one dollar, but take the time to think about how exactly you came up with this answer.
"Well, it's simple," you might think, "Multiply 0.25 by 4."
Similar to this train of thought, the first equation is formulated by doing exactly that. 'q' represents an unknown number of quarters, and 'd' an unknown number of dimes. We use 25q and 10d, because, well, we're multiplying their value by the number of coins. They're equivalent to 425 because the 20 unknown coins make $4.25 (I converted it to cents to get rid of the pesky decimals, but if you want to keep it as dollars that works too).
Because the equation states that there are 20 coins in total, we know that we can make the equation 'q + d = 20' since there are 20 quarters and dimes in total.
Let me know if you need any further explanation :)
-T.B.
Answer:
jwjsbsbhwhwhhw
Step-by-step explanation:
cehehehehrghegeheheheh
I HAVE NO IDEA WHAT THE ANSWER IS!!! CAN YOU TELL ME???
