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Mathematics, 20.09.2020 14:01 dayanawhite64

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

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Rey is considering buying shares of TWA stock. The stock currently sells for $50 per share. The stoc...
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