question archive University of South AlabamaBUSINESS BUS 245 The likelihood of Company A's stock price rising is 20 percent, and the likelihood of Company B's stock price rising is 30 percent
University of South AlabamaBUSINESS BUS 245 The likelihood of Company A's stock price rising is 20 percent, and the likelihood of Company B's stock price rising is 30 percent
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University of South AlabamaBUSINESS BUS 245
The likelihood of Company A's stock price rising is 20 percent, and the likelihood of Company B's stock price rising is 30 percent. Assume that the returns of Company A and Company B stock are independent of each other. The probability that the stock price of at least one of the companies will rise is _______.
