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.
Step-by-step explanation:
you flip it from the line, match the letters (Z woube be C, X would be A, etc.) and then writw the new coordinates
Answer:
(C) 220
Step-by-step explanation:
Let x represent the number of adult tickets sold and y represent the number of student tickets sold. With the information given, we can set up two equations:
(Since for every adult ticket sold, $5 is made and for every student ticket sold, $3 is made)
In the first equation, we can represent x in terms of y:
And then, we can substitute x in the second equation for 360 - y to get:
which simplifies to:
and therefore, 
.
Hope this helps :)
Answer:
b times l times w........
Answer:
Option B.
Step-by-step explanation:
The given vertices of triangle ABC are (-1, -1), (-1, -5) and (0.5, -5).
We need to find the coordinates of triangle when it is translated two units left.
So, the rule of translation is
Using this rule, we get
The vertices of triangle A'B'C' are A'(-3,-1), B'(-3,-5) and C'(-1.5,-5).
Therefore, the correct option is B.
