Consider a stock price that is fluctuating. At the end of the first day of trading, the
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Question:
Consider a stock price that is fluctuating. At the end of the first day of trading, the stock is worth $5. At the end of the third day, it is worth $17. At the end of its fifth day it is worth $7, and is $8 at the end of the sixth day. If it is worth $11 at the end of the ninth day, and $12 at the end of the eleventh day, consider the following questions. (a) What would you expect its value to be when on the twelfth day? Why? (b) What would you think its value would be on the hundredth day? Why? (c) Which answer are you more confident in? Why
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