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3. A speculator purchases three stocks on the London Stock Exchange. He estimates that the probabilities that each of these stocks will have risen in
3. A speculator purchases three stocks on the London Stock Exchange. He estimates that the probabilities that each of these stocks will have risen in value by the end of the week are, respectively, 0.6, 0.8 and 0.4. Assuming that the price changes in the three stocks are independent, determine the probability that all three stocks will have risen in value by the end of the week
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