Mathematics
Mathematics, 07.08.2021 03:00, pennygillbert

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 -3 0.05 -2 0.05 -1 0.20 0 0.10 1 0.30 2 0.20 3 0.10
a. 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 -3 0.05 but less than -2 0.05 but less than -1 0.20 but less than 0 0.10 but less than +1 0.30 but less than +2 0.20 but less than +3 0.10 but less than
b. With the current price of $45 per share and the random numbers 0.1959, 0.9521, 0.4013 and 0.0993, simulate the price per share for the next four 3-month periods. Random Number Price Change Ending Price Per Share 0.1959 $ 0.9521 $ 0.4013 $ 0.0993 $
What is the ending simulated price per share? $

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