Joan intends to buy a total of 5 shares from 2 companies, A and B, with at least 1 share from each company. The return on company A is either $210 or a loss of $120 with probablities 1-(1/L) and 1/L respectively, where L is the number of shares she buys from company A. The return on company B is either $205 or a loss of $95 with probablities 1-(1/4M) and 1/4M respectively, where M is the number of shares she buys from company B.
2007-03-06
13:07:52
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1 answers
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asked by
Rachel P
1