An analyst is presented with lists of 4 stocks and 5 bonds. He is asked to predict,

Question:

An analyst is presented with lists of 4 and 5 bonds. He is asked to predict, in order, the 2 that will yield the highest return over the next year and the 2 bonds that will have the highest return over the next year. Suppose that these predictions are made randomly and independently of each other. What is the probability that the analyst will be successful in at least 1 of the 2 tasks? Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...