Suppose you think there is a 20 chance that ebi will fall
Suppose you think there is a 20% chance that EBI will fall to $18.00 in one year, a 60% chance its price will be unchanged, and a 20% chance that its price will rise to $24.00. Calculate the expected return on EBI.
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suppose you think there is a 20 chance that ebi will fall to 1800 in one year a 60 chance its price will be unchanged
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the first payment of a perpetuity-immediate is 60 subsequent payments decrease by 1 per year until they reach a level
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