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***READ And follow all directions*** Please answer questions with the answers an

ID: 3375287 • Letter: #

Question

***READ And follow all directions***
Please answer questions with the answers and put the answers in the picture where they belong
Answers only Please don’t make it confusing Please be clear Please write or type neatly The price of a share of a particular stock listed on the New York Stock Exchange is currentiy $42. The followning probabjity distribution shows how the price per share expected to change over a three-month period Stock Price Change ($) Probability 0.15 0.15 0.20 0.25 0.15 0.05 0.05 -2

Explanation / Answer

-3 =0 but less than 0.15

-2 =0.15 to 0.30

-1= 0.3 to 0.5

0 = 0.5 to 0.75

1= 0.75 to 0.9

2= 0.9 to 0.95

3 = 0.95 to 1

B)

0.7077=0 ,42

0.0567=-3, 39

0.3853=-1, 38

0.7137=0, 38

Ending simulated price =38