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Joint probability of having a positive return

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Reference no: EM132410314

For companies who experienced a positive annual return on the stock market price of their shares, 10% acquired a new CEO in that year. For companies experiencing a negative annual return, 5% had acquired a new CEO in that year. on average, 51% of assets on the stock market experience positive annual returns. Find:

  1. The joint probability of having a positive return and getting a new CEO:
  2. The joint probability of having a negative return and getting a new CEO:
  3. The probability that, given a company has a new CEO, that they will experience a positive stock return this year.

Reference no: EM132410314

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