Answer: D. $3,450
Given: 2,500 shares of a stock bought for $8 a share
<span>Probabilities: the stock will rise to a value of $32 a share is 22%</span> <span> the stock will fall to $3 a share is 78%</span>
<span>Question: What is the expected value of the investor’s profit from buying the stock?</span>
Solution: (22%(32-8)-78%(8-3))2500
(.22(24)-.78(5))2500
(5.28-3.9)2500
(1.38)2500
3450
I’m not sure if your answer is right but here’s how to solve it
=10-10i
Explanation:
3-4i+7-6i
(Add 3 and 7)
(Add -4i and -6i)
Put together
10-10i
Answer:
no
Step-by-step explanation:
