Rey is considering buying shares of TWA stock. The stock currently sells for $50 per share. The stock changes in value at 9:00 am each day, either increasing in value by $11 or decreasing in value by $13. The stock will increase in value with 40% probability, and decrease in value with 60% probability. The stock follows a random walk. In two days, what is the probability that the TWA stock is greater than $30

Answers

Answer 1

Answer: 64%

Step-by-step explanation:

Given the following :

Current price of stock = $50

Probability of increase per day = 40% = 0.4

Probability of decrease = 60% = 0.6

Value of increase = $11

Value of decrease = $13

Probability that stock is greater than $30 in two days :

For stock to be greater than $30 in two days ;

It either increases in both days or increases in a day and falls the other

Hence, probability that stock is greater than $30

P(increase and increase) OR P(increase and decrease) OR P(decrease and increase)

(0.4 × 0.4) + (0.4 × 0.6) + (0.6 × 0.4)

0.16 + 0.24 + 0.24 = 0.64

0.64 × 100 = 64%


Related Questions

Find the SUM of the first 20 terms in the following sequence.
2, 5, 8...

Answers

Step-by-step explanation:

2+3=5+3=8

2+5+8+11+14+17+20+23+26+29+32+35+38+41+44+47+50+53+56+59=

610

hope it helps!

Add. (f + 3) + (2f + 8)

Answers

Answer:

3f +11

Step-by-step explanation:

[tex](f + 3) + (2f + 8)[/tex]

Open the bracket

[tex]f + 3 + 2f + 8[/tex]

Group like terms

[tex]f + 2f + 3 + 8 \\ [/tex]

Simplify

[tex]3f + 11[/tex]

Answer:

it should be 3f+11

Step-by-step explanation:

Your target number of calories is 2400 per day to lose weight, but you are consuming 3200 calories per day. Your target is what percentage of your consuming calories?

Answers

Answer:

this is the answer that i got 1.333333333

Step-by-step explanation:

3200 divided 2400 = 1.333333333

Answer:

Step-by-step explanation:

Write the number as a product of prime factors. 520?


Answers

Answer: 2^3 • 5 • 13

Step-by-step explanation: 520 is not a prime number

please asap help im desperate.......................

Answers

Answer:

D

Step-by-step explanation:

What effect does Mathilde's losing the necklace have on the plot in "The Necklace"? It creates doubt in the mind of Madame Forestier' as to Mathidle's honesty. It helps extinguish Mathilde's longing for a life of luxury and wealth. It leads Mathilde and her husband into a life of debt, hard work, and poverty.

Using exponents, what is the simplified form of 12x 6x7 оа 23 Ob 2x3 ос 63 6x 6x3​

Answers

12x^5 / 6x^2 = 2x^3

Answer choice B is correct.

12(p - 5) - 12 = 0
Please help quick!!!!! This is due at 8:00 AM!!!!!

Answers

12(p-5)-12=0
You add 12 to both sides
12(p-5)=12
Divide both sides by 12
P-5=1
Then we add both sides by 5
P=1+5
Which gives us P=6

(3 + 2i) - (5 -7i) Write answer in standard form a +bi

Answers

(3 + 2i) - (5 - 7i)

Distribute the - sign

3 + 2i - 5 + 7i

Combine like terms

-2 + 9i

d= V(x2 – x1)2 + (y2 – yy)2

Answers

Answer:

y = 2

Step-by-step explanation:  divided both from each side

A jug contains 20 3/8 cups of lemonade. If you are serving guests at a summer picnic, how many glasses can you fill if each guest gets 1 1/2 cups of lemonade?

Answers

Answer:

13 glasses

Step-by-step explanation:

Given:

Amount of of lemonade available = 20⅜ cups

Amount of lemonade per guest = 1½ cups

Required:

Number of glasses to be filled

SOLUTION:

Number of glass to be filled = amount of lemonade available ÷ amount of lemonade per guest

= 20⅜ ÷ 1½

Change both mixed fractions to improper fractions

= [tex] \frac{163}{8} [/tex] ÷ [tex] \frac{3}{2} [/tex]

Flip the fraction on your right upside down and change the division to multiplication

[tex] = \frac{163}{8} * \frac{2}{3} [/tex]

[tex] = \frac{163*2}{8*3} [/tex]

[tex] = \frac{163*1}{4*3} [/tex]

[tex] = \frac{163}{12} = 13.58 [/tex]

Number of glasses that would be filled is roughly 13 glasses.

Is this correct as well?

Answers

Answer:

yes it is

Step-by-step explanation:

Yoko has a rectangular poster that is 15centimeters long and 12 centimeters wide. What is the area of the poster in square meters.

Answers

Answer:

44

Step-by-step explanation:

you would add 15+15 and 12+12 because it is rectangular meaning there are 4 sides 2 for the y angle and 2 for the x angle

A financial transaction that is added to a ledger balance is called a credit
Please select the best answer from the choices provided
OT
OF

Answers

Answer:

OT

Step-by-step explanation:

added to so true

Answer:

true

Step-by-step explanation:

Look at the table showing prices of different items at a grocery store.
Items for Sale
Watermelons
$14.97 for 3
Boxes of Cereal
$15.80 for 4
Bags of Pretzels
$10.77 for 3
Ice Cream
$18.36 for 4
Which items cost less than $3.99 per item?
O boxes of cereal and bags of pretzels
O ice cream and watermelons
O bags of pretzels and watermelons
watermelons and boxes of cereal

Answers

Answer:

boxes of cereal and bags of pretzels

Step-by-step explanation:

I just took the test :)

Answer:

A Box of cereal and pretzels

Step-by-step explanation:

The unit price for each is under 3.99 per item.

You are selling candy bars for the school to
pay for your senior trip which costs $300. If
each candy bar costs $1.25 and you already
have $50 in sales. How many more candy
bars do you need to sell?

Answers

Answer:

200 bars

Step-by-step explanation:

$300 - $50 = the amount of money you still need, $250

250 dollars/$1.25 per bar = 200 bars you need to sell to get 300 dollars

what pecent is 425 of 500

Answers

Answer: 85

Step-by-step explanation:

Kid.

Answer:

85%

Step-by-step explanation:

425 is 85% of 500

A truck can be rented from Company for 50 dollars a day plus 0.50 per mile. Company B charges 30 dollars a day plus 0.90 per mile to rent the same truck. Find the number of miles in a day at which the rental costs for company A and company B are the same.

Answers

Answer:

no company a gets 3 miles company b gets 5 miles

Step-by-step explanation:

I really need help with this question

Answers

$518.5 = $375 + $41x

Now that we have our equation, let's solve for the # of hours

Subtract $375 from both sides

$143.5 = $41x

Divide both sides by $41

3.5 = x

The number of labor hours was 3.5

You are part of a construction company that is supposed to build houses. An architect has left plans to build houses on each island. Bridges connect the islands. Island A and Island B have a total of 25 houses. Island A and Island C have a total of 10 houses. Island B and Island C have a total of 25 houses. A total of 30 houses is to be built on the three islands. Determine how many houses are to be built on each island.

Answers

Answer:

Island A=5

Island B=20

Island C=5

Step-by-step explanation:

Island AB=25 house

Island AC=10 house

Island BC=25 house

Total =30 house

30-25 to get the house on island C which is 5

30-10 to get the house on island B which is 20

30 -25 to get the house on island A which is 5

The summit of a mountain pass is 8,050 ft above sea level. the valley below is 12 and 1/2 ft below sea level. what is the vertical distance between the summit and the valley

please please help me ​

Answers

Answer:

Vertical distance between the valley and the summit = 8062.5 ft

Step-by-step explanation:

Distances above the sea level are denoted by positive notations and below the sea level by negative notation.

Summit of a mountain pass = 8050 (above the sea level)

Valley below the sea level = 12 and half ft = (-12.5) ft

Distance between the summit and the valley = 8050 - (-12.5)

                                                                           = 8050 + 12.5

                                                                           = 8062.5 ft

Therefore, Vertical distance = 8062.5 ft will be the answer.

Describe how the graph of y= x2 can be transformed to the graph of the given equation. y = x2 + 13 Shift the graph of y = x2 right 13 units. Shift the graph of y = x2 left 13 units. Shift the graph of y = x2 down 13 units. Shift the graph of y = x2 up 13 units.

Answers

The line will move 13 units up

Nash is training for a marathon and decides to train for 26 miles every week. In the first week, the ratio of the number of miles he ran to the number of miles he walked 3:10. In the fifth week the ration ran to walked is 8:5. How many miles did nash run in week 5

Answers

Answer:

16 miles

Step-by-step explanation:

From the question given above, the following data were obtained:

Miles per week for training = 26 miles.

In the 5th week:

Ratio of miles ran to miles Walked is 8:5

Thus, we can obtain the miles ran by Nash in the 5th week as follow:

Ratio ran = 8

Ratio walked = 5

Total ratio = 8 + 5 = 13

Miles per week for training = 26 mile

Mile ran in the 5th week = 8/13 × 26

Mile ran in the 5th week = 8 × 2

Mile ran in the 5th week = 16 miles

Therefore, Nash ran 16 miles in the 5th week of training.

Right now, Molly is twice as old as Nancy. Zander is 6 years younger than Molly. Which expression represents Molly's current age in terms of Nancy's? Which expression represents Molly's current age in terms of Zander's? Nancy is currently 10 years old, and Zander is 14. How old is Molly?​

Answers

Answer: 1.) 2n 2.) z+6 3.) 20 years old

Step-by-step explanation:

Answer:

answer one: 2n

answer two: z + 6

answer three: 20 years old

Step-by-step explanation:

edge 2020

10 POINTS : What is the solution? (the x-value)
-0.41x + 2.9 = 8.1x + 45.64

Answers

Answer:

x= - 4274/851 or -5.02

Step-by-step explanation:

Which statement about proportional relationships is false? A proportional relationship must graph as a line. A graph of a proportional relationship must pass through (0, 0). Each point (or pair) in a proportional relationship must share the same ratio. Each point (or pair) in a proportional relationship must share the same difference.

Answers

Answer:

D: Each point (or pair) in a proportional relationship must share the same difference.

Answer: It's D

Step-by-step explanation:

Solve for r in terms of s, t, and u.
t=u-s+r

Answers

Answer:

r = t - u - s

Step-by-step explanation:

To solve for r in terms of s, t, and u, means to have r on one side and have t, u, and s.

t = u - s + r

t - u = s + r

t - u - s = r

2a−1/2a and 3a−1/3a , where a is a positive number.

Answers

Answer:

3/2a8/3a

Step-by-step explanation:

Maybe you want to simplify each of these expressions.

  2a -1/2a = (2 -1/2)a = (3/2)a

__

  3a -1/3a = (3 -1/3)a = (8/3)a

What is 40% of 50,000

Answers

Step-by-step explanation:

this is your answer...........

Solve inequality.
|3n-2|-2<1

Answers

[tex]\text{Hello there! :)}[/tex]

[tex]\boxed{-1/3 < n < 5/3}[/tex]

[tex]|3n - 2| - 2 < 1[/tex]

[tex]\text{Begin simplifying by adding 2 to both sides:}[/tex]

[tex]|3n - 2| < 3[/tex]

[tex]\text{ Solve for the positive and negative solutions:}[/tex]

[tex]3n - 2 < 3\\\\3n < 5\\\\n < 5/3[/tex]

[tex]-(3n - 2) < 3\\\\\text{Switch sign when dividing by a negative:}\\\\3n - 2 > - 3\\\\3n > - 1\\\\n > -1/3[/tex]

[tex]\text{Therefore, the solutions for the inequality are:}\\\\-1/3 < n < 5/3[/tex]

Que es un paralelogramo

Answers

what? can you say that in english
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