An investor bought 1,500 shares of a stock for $6 a share. he estimates the probability that the stock will rise to a
value of $25 a share is 24%, and the probability it will fall
to $2 a share is 76%. What is the expected value of the
investor's profit from buying the stock?

2

step-by-step explanation:

vvvvv

an

y = 6x -3y -12

y +3y +12 = 6x

=> . x = { 2y / 3 +2 } this is equation of line in terms of x

=> . if line meets the x-axis the co-ordinates of meeting point would be ( x , 0 )

=> . x = 2 ( 0 ) / 3 + 2

=> . x = 2

so, the point is ( 2 , 0 )

answer: 5

step-by-step explanation: