You decided to sell the stock not when the price increases by 10% but when it decreases
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You decided to sell the stock not when the price increases by 10% but when it decreases by 10%. Will the answer change? If yes, find it. If no, justify the answer. Is the selling time proper (non-defective) in this case? Find the probabilities that the price will never drop by 10%, and will not drop by 10% during the first year.
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