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The price of a bond is uniformly distributed between $80 and $90. Determine the expected price of the bond
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2 votes
The price of a bond is uniformly distributed between $80 and $90. Determine the expected price of the bond

User Ayman Nedjmeddine
by
7.5k points

1 Answer

4 votes

Answer:

$85 is your answer

Explanation:

add both the 80 and 90

80+90=170

then divide by 2

170/2=85

User Anurupr
by
9.2k points
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