How much should the stock prices of a company

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Question - Normal Distribution - The average price of the shares owned by S & P500 is $30 and the standard deviation is $8.20 (BusinessWeek, Special Annual Issue, Spring 2003). Suppose the prices of shares are normally distributed.

Required -

a) What is the probability that the price of a company's stock is at least of $40?

b) That the price of a company's stock is not more than $20?

c) How much should the stock prices of a company be to be between 10% top?

Reference no: EM132772077

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