What is the ending simulated price per share

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Question: The price of a share of a particular stock listed on the New York Stock Exchange is currently $200 the following probability distribution shows how the price per share is expected to change over a three-month period:

Stock Price Change ($) Probability

-4 0.04

-3 0.08

-2 0.18

-1 0.20

0 0.35

1 0.08

2 0.04

3 0.03

Total 1

With the current price of $200 per share and the random numbers 0.11, 0.95, 0.19, 0.80, 0.13, 0.96, 0.98, 0.77, 0.65, 0.56 simulate the price per share for the next four 10-month periods.

What is the ending simulated price per share?

Reference no: EM132768166

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