BFR Cargo Ltd will shortly be listed on the stock exchange. It is known that the valuation will be between $77.00 and $90.00 Prior to listing, traders will receive information updates that will allow them to eliminate, with certainty, a given range of values. The time to listing is 350 hours, The pricing estimates are driven by the following model: Et = Pub - X(T-t)/EV Where: Et = estimate of the price at timet Pub = final price X = uniform random variable distributed between-4 and 4 = time until listing = elapsed time Ey = initial expected value (at t=0) T t Calculate the value for Ev (Please display your answer to 2 decimal places.) Answer: The correct answer is: $ 83.5 BFR Cargo Ltd will shortly be listed on the stock exchange. It is known that the valuation will be between $77.00 and $90.00 Prior to listing, traders will receive information updates that will allow them to eliminate, with certainty, a given range of values. The time to listing is 350 hours, The pricing estimates are driven by the following model: Et = Pub - X(T-t)/EV Where: Et = estimate of the price at timet Pub = final price X = uniform random variable distributed between-4 and 4 = time until listing = elapsed time Ey = initial expected value (at t=0) T t Calculate the value for Ev (Please display your answer to 2 decimal places.) Answer: The correct answer is: $ 83.5