The current price of a stock is $50. In 1 year, the price will be either $65 or $35. The annual risk- free rate is 5%. Find the price of a call option on the stock that has an exercise price of $55 and that expires in 1 year. (Hint: Use daily compounding.)

infinitely many solutions

step-by-step explanation:

we have been given the equation;

2(2x + 3) = -4 + 2(2x + 5)

we need to determine the value of x.

2(2x + 3), we expand this expression to obtain 4x + 6

similarly 2(2x + 5) will become 4x + 10

now we have;

4x + 6 = -4 + 4x + 10

4x + 6 = 4x + 10 - 4

4x + 6 = 4x + 6

the expression on the left hand side is identical to the one on the right hand side. therefore, we are looking at just a single straight line whose equation is;

y = 4x + 6

consequently, we shall have infinitely many solutions

answer: the distance

step-by-step explanation:

to calculate the distance d of a line segment with endpoints (x1, y1) and (x2, y2) use the formula d (x2 x1)2 (y2 y1)2. to calculate the midpoint of a line segment with endpoints (x1, y1) and (x2, y2) use the formula

answer: 5

step-by-step explanation:

since, the range is the difference between the lowest and highest values of the given sample space.

and, here the sample space = { 3, 1, 0, 4, 1, 4, 2, 3, 0, 5, 0, 1, 1, 2, 0, 4, 1,4, 4 ,2 ,3 ,2 ,0 ,1 ,4 }

here, the highest value of the given sample = 5

and, the lowest value = 0

therefore, the range of the sample space = 5 - 0 = 5