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MBA,MCS,M.phil
Devry University
Jan-2008 - Jan-2011
MBA,MCS,M.Phil
Devry University
Feb-2000 - Jan-2004
Regional Manager
Abercrombie & Fitch.
Mar-2005 - Nov-2010
Regional Manager
Abercrombie & Fitch.
Jan-2005 - Jan-2008
Probabilities for three states of the economy, and probabilities for the returns on a particular stock in each state are shown in the table below.
|
State of |
Probability of |
Stock Performance |
Probability of |
|
Good |
.3 |
Good |
.6 |
| Â | Â |
Neutral |
.3 |
| Â | Â |
Poor |
.1 |
|
Neutral |
.5 |
Good |
.4 |
| Â | Â |
Neutral |
.3 |
| Â | Â |
Poor |
.3 |
|
Poor |
.2 |
Good |
.2 |
| Â | Â |
Neutral |
.3 |
| Â | Â |
Poor |
.5 |
The probability that the economy will be neutral and the stock will experience poor performance is
a. .06.
b. .15.
c. .50.
d. .80.
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