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Business, 20.08.2021 03:20 yaxcalandreya

The increase or decrease in the price of a stock between the beginning and the end of a trading day is assumed to be an equally likely random event. What is the probability that a stock will show an increase in its closing price on five consecutive days? a) 0
b) 0.03
c) 0.50
d) 0.12

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