document.write( "Question 455732: How high does a stock price have to be to put a company in the top 15%? S&P 500 is 30 and the standard deviation is $5 \n" ); document.write( "
Algebra.Com's Answer #313033 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! How high does a stock price have to be to put a company in the top 15%? S&P 500 is 30 and the standard deviation is $5 \n" ); document.write( "--- \n" ); document.write( "The z-value with an 85% tail is 1.036433 \n" ); document.write( "---------- \n" ); document.write( "The corresponding price: price = z*s+u \n" ); document.write( "= 1.036433*5 + 30 \n" ); document.write( "= $35.18 \n" ); document.write( "============ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "============ \n" ); document.write( " |