Question
Suppose that you buy 100 shares of Apple today, which is currently traded at $130 a share. Suppose further that Apples stock price within a
Suppose that you buy 100 shares of Apple today, which is currently traded at $130 a share. Suppose further that Apples stock price within a day is normally distributed with mean $130 (todays price) and variance $4. That is Pricetomorrow = N(Pricetoday,4). How confident are you that you will not lose more than $500 within a day?
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Financial Ratio Analysis
Authors: Andrew P.C.
1st Edition
1973493381, 978-1973493389
