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Your stockbroker informs you that if the stock market reaches the 12,500 level by year-end, there is 7.0% probability that share price of company

 

Your stockbroker informs you that if the stock market reaches the 12,500 level by year-end, there is 7.0% probability that share price of company A will go up in value. Based your own analysis, there is only 40% chance of the stock market to reach 12,500 level by year- end. What is the probability that both stock market will reach 12,500 level and share price of companyA will go up

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