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After the accidents related to Boeing 737 Max jets, the market speculates that the Federal Aviation Administration might make an announcement to ground the entire

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After the accidents related to Boeing 737 Max jets, the market speculates that the Federal Aviation Administration might make an announcement to ground the entire fleet. If the FAA doesn't ground the fleet, Boeing stock will be worth $110 per share. However, if FAA indeed announces the grounding, then Boeing stock will only be worth $15 per share. Boeing stock is trading for $72 in the morning of the announcement. What is the probability that investors place on the FAA doesn't ground the fleet? 60% 72% 40% 28%

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