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Answer: 0.85714285714
Step-by-step explanation:
I just googled it so yeah
The probability that the market will go up and interest rate will go down during the period in question is 0.03.
<h3>What is the probability?</h3>
Probability determines the chances that an event would happen. The probability the event occurs is 1 and the probability that the event does not occur is 0.
The probability that the market will go up and interest rate will go down = 0.08 X 0.40 = 0.03
To learn more about probability, please check: brainly.com/question/13234031
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