An Analyst Estimates That the Year-End Price of a Stock

question 114

Multiple Choice

An analyst estimates that the year-end price of a stock has the following probabilities: The stock's expected price at the end of the year is ________.

• A) $87.50
• B) $88.50
• C) $89.00
• D) $90.00

---

Definitions:

Guile

The use of clever but usually deceptive methods to achieve one's aims or to manipulate the situation to one's advantage.

Unfair Advantage

An unethical or unjust edge or benefit in a competitive situation that is often gained through exploitation of confidential information or other unethical practices.

Crafty

Exhibiting cleverness or ingenuity, especially in deceiving others.