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The price of a share of a particular stock listed on the New York Stock Exchange is currently $41. The following probability distribution shows how

The price of a share of a particular stock listed on the New York Stock Exchange is currently $41. The following probability distribution shows how the price per share is expected to change over a three-month period:

Stock Price Change ($) Probability
-1 0.15
0 0.10
1 0.05
2 0.10
3 0.25
4 0.25
5 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
-1 0.15 but less than
0 0.10 but less than
+1 0.05 but less than
+2 0.10 but less than
+3 0.25 but less than
+4 0.25 but less than
+5 0.10 but less than

With the current price of $41 per share and the random numbers 0.3707, 0.0873, 0.2745 and 0.5897, simulate the price per share for the next four 3-month periods.

Random Number Price Change Ending Price Per Share
0.3707 $
0.0873 $
0.2745 $
0.5897 $

What is the ending simulated price per share? $

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