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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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