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:-7
Step-by-step explanation:
24-8i=10-10i
24-10=-10i+8i
14=-2i
I=-7
Answer:78.5
Step-by-step explanation:
First you find the volume of a cylinder then you plug in the answers don't forget that to find the radius you do diameter divided by 2
