Solved

The Likelihood of Company A's Stock Price Rising Is 20

Question 29

Multiple Choice

The likelihood of Company A's stock price rising is 20 percent,and the likelihood of Company B's stock price rising is 30 percent.Assume that the returns of Company A and Company B stock are independent of each other.The probability that the stock price of at least one of the companies will rise is _______.


A) 6%
B) 10%
C) 44%
D) 50%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions