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The price of a share of a particular stock listed on the New York Stock Exchange is currently $45. The following probability distribution shows how

The price of a share of a particular stock listed on the New York Stock Exchange is currently $45. The following probability distribution shows how the price per share is expected to change over a three-month period:

Stock Price Change ($) Probability
-2 0.10
-1 0.30
0 0.20
1 0.10
2 0.15
3 0.05
4 0.10

Set up intervals of random numbers that can be used to generate the change in stock price over a three-month period. If required, round your answers to two decimal places.

Stock Price Change Probability Interval
-2 0.10 _____but less than _____
-1 0.30 _____but less than _____
0 0.20 _____but less than _____
+1 0.10 _____but less than _____
+2 0.15 _____but less than _____
+3 0.05 _____but less than _____
+4 0.10 _____but less than _____

With the current price of $45 per share and the random numbers 0.6769, 0.4927, 0.2555 and 0.7773, simulate the price per share for the next four 3-month periods.

Random Number Price Change Ending Price Per Share
0.6769 $
0.4927 $
0.2555 $
0.7773 $

What is the ending simulated price per share? $_____

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