Question
Alison has all her money invested in two managed funds, A and B. She believes there is a 40% chance fund A will rise in
Alison has all her money invested in two managed funds, A and B. She believes there is a 40% chance fund A will rise in price and a 60% chance fund B will rise in price given fund A rises in price. What is tye probability both fund A and B will rise in price?
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Business Law Text And Cases
Authors: Kenneth W. Clarkson, Roger LeRoy Miller
15th Edition
0357129636, 978-0357129630
