The price of a stock in one year has been assigned the following probability distribution: What is the expected price of the stock?
A)$24.16
B)$22.67
C)$21.40
D)$20.00

Question

The price of a stock in one year has been assigned the following probability distribution:  What is the expected price of the stock?
A)$24.16 
B)$22.67 
C)$21.40 
D)$20.00

Quizplus · Accepted Answer

The Answer of The price of a stock in one year has been assigned the following probability distribution:  What is the expected price of the stock?
A)$24.16 
B)$22.67 
C)$21.40 
D)$20.00

The Price of a Stock in One Year Has Been