Your financial advisor tells you that the behaviour of the stock market from year to year is given by the following Markov chain: Bull market 0.85 0.050 0.25 Bear market 0.50 10.10 5.20 0.25 0.40 Stagnant market 0.40 What is the transition matrix T for this dynamical system? Use the following ordering for your rows and columns: Bull market, Bear market, Stagnant market. T= In the steady state, what is the probabilty of a bull market? number (2 digits after decimal) ? Your financial advisor tells you that the behaviour of the stock market from year to year is given by the following Markov chain: Bull market 0.85 0.050 0.25 Bear market 0.50 10.10 5.20 0.25 0.40 Stagnant market 0.40 What is the transition matrix T for this dynamical system? Use the following ordering for your rows and columns: Bull market, Bear market, Stagnant market. T= In the steady state, what is the probabilty of a bull market? number (2 digits after decimal)