Probability Distribution Questions for Week 8


Answer all five questions and then submit.
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1. In tutorial 4, question 1, what is the probability a financial manager earns between $30 and $35 per hour?

Saturn Inc.'s equity value is $25million with 5million shares outstanding. Saturn raises an additional $4 million by placing 2million shares at $2 e

In a rights issue, the share price may not necessarily fall to its theoretical ex-rights price on the ex-rights date. Why?

An underwriter...

Which of the following explanations of IPO underpricing is not true?