Gary wants to buy a video game with a selling price of $48, on sale for 50% off. The sales tax in his state is 4.5%. How much wi
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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.
so the investigator found the skid marks were 75 feet long hmmm what speed will that be?
nope, the analysis shows that Charlie was going faster than 35 m/h.
now, assuming Charlie was indeed going at 35 m/h, then his skid marks would have been