Asapan investor bought 2,500 shares of a stock for $8 a share. he estimates the probability that the stock will rise to a value of $32 a share is 22%, and the probability it will fall to $3 a share is 78%. what is the expected value of the investor’s profit from buying the stock? a. $23,450b. $18,291c. $5,159d. $3,450

D. $3,450
Given: 2,500 shares of a stock bought for $8 a share
Probabilities:  the stock will rise to a value of $32 a share is 22%                                                  the stock will fall to $3 a share is 78%
Question: What is the expected value of the investor’s profit from buying the stock?
Solution: (22%(32-8)-78%(8-3))2500
                (.22(24)-.78(5))2500
                (5.28-3.9)2500
                (1.38)2500
                3450

divide 10 by three, you should get 3.33

Step-by-step explanation:

it has an area of 19.98  and a perimeter of 18.66