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2. If a large competitor will buy a small firm's stock, the firm stock will rise with probability 0.85. The purchase of the company has
2. If a large competitor will buy a small firm's stock, the firm stock will rise with probability 0.85. The purchase of the company has a 0.40 probability. What is the probability that the purchase will take place and the firm's stock will rise
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Accounting For Non-Accountants
Authors: David Horner
12th Edition
1789664306, 9781789664300
