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Business, 09.04.2020 22:18 KpopSushi

The average stock price for companies making up the S&P 500 is $30, and the standard deviation is $8.20. Assume the stock prices are normally distributed. a. How high does a stock price have to be to put a company in the top 15%?b. What is the probability a company will have a stock price no higher than $20?c. How high does a stock price have to be to put a company in the top 10%?

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The average stock price for companies making up the S&P 500 is $30, and the standard deviation i...
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