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Assume that if M launches a new e - trading platform, its price will go up to $ 2 6 1 . Else, M price
Assume that if launches a new etrading platform, its price will go up to $ Else, price will go down to $ You are aware that shares are being traded at $ You also know that the riskfree rate is
What is the probability that M price will go down?
Please round your answer to the nearest three decimals ie
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