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Suppose that stocks A, B, C, and D are independent with respect to their price movement, and have probabilities of increasing of 0.25, 0.50, 0.40, and 0.30. What is the probability that stocks A and C will increase in price? In other words, find P(AC).
A. 11%.
B. 10%.
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D. 3.5%.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
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