Question
Next week, you expect with 70% probability the market to go up by 1% and with 30% probability the market to go down by 10%.
Next week, you expect with 70% probability the market to go up by 1% and with 30% probability the market to go down by 10%.
Are you bullish or bearish on the market? State one of the two and explain your answer.
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis Gapenski
1st Edition
1567930905, 978-1567930900
