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%

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Definitions:

Cognitively

Relating to the mental process of acquiring knowledge and understanding through thought, experiences, and the senses.

Complicated Bereavement

A prolonged and intense period of mourning that disrupts normal functioning and may require professional help to resolve.

Cognitions

Refers to the mental actions or processes involved in acquiring knowledge and understanding through thought, experience, and the senses.

Negative

Pertaining to a lack or absence; often denotes something detrimental, undesirable, or expressing refusal.