Please answer this relatively quickly, I'm not in very much of a rush but would like to get this done.
2 answers:
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Answer:
is the required probability.
Step-by-step explanation:
Total number of Marbles = Blue + Red
Probability of getting blue
Probability of not getting a blue
To get exactly one blue in two draws, we either get a blue, not blue, or a not blue, blue.
<u>First Draw Blue, Second Draw Not Blue:</u>
1st Draw:
2nd Draw: (since we did not replace the first marble)
To get the probability of the event, since each draw is independent, we multiply both probabilities.
<u>First Draw Not Blue, Second Draw Not Blue:</u>
1st Draw:
2nd Draw: (since we did not replace the first marble)
To get the probability of the event, since each draw is independent, we multiply both probabilities.
To get the probability of exactly one blue, we add both of the events:
Answer:
The current stock price is $65.54
Step-by-step explanation:
Consider the provided information.
The company will then pay a dividend of $15.75 per share 10 years from today and will increase the dividend by 5 percent per year thereafter. If the required return on this stock is 13 percent,
Therefore, the value of next dividend is $15.75, and it will increase with the rate of 5% i.e growth rate = 5% = 0.05
The required rate is 13% = 0.13
Now calculate the stock price for the next 9 yr as shown:
Now calculate the current stock price as shown:
Therefore, the current stock price is $65.54