Consider two stocks. Stock 1 always sells for $10 or $20. If stock 1 is selling for $10 today, there is a .80 chance that it will sell for $

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Consider two stocks. Stock 1 always sells for $10 or $20. If stock 1 is selling for $10 today, there is a .80 chance that it will sell for $10 tomorrow. If it is selling for $20 today, there is a .90 chance that it will sell for $20 tomorrow. Stock 2 always sells for $10 or $25. If stock 2 sells today for $10, there is a .90 chance that it will sell tomorrow for $10. If it sells today for $25, there is a .85 chance that it will sell tomorrow for $25. On the average, which stock will sell for a higher price? Find and interpret all mean first passage times.

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Ngọc Diệp 3 months 2021-07-19T21:56:58+00:00 1 Answers 0 views 0

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    2021-07-19T21:58:05+00:00

    Answer:

    On stock 2 will be has an average sell of $50 for higher price.

    Step-by-step explanation:

    stock 1 of $10 (today)+ $10 (80% chance tommorow)=$20 stock sell price and for $20(today)+$20(90% chance tommorow)= $40 this two final of price for stock 1.

    Stock 2 of $10 (today)+$10(90% chance tommorow)= $20 and of $25(today)+$25(85% chance tomorrow)= $50 this two for final of it’s price for stock 2.So as for Stock 2 has the average sell higher price.

    Hope this helps you

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Giải phương trình 1 ẩn: x + 2 - 2(x + 1) = -x . Hỏi x = ? ( )