Question: Suppose you have two limit orders outstanding on two different stocks. The probability that the first limit order executes before the close of trading is
Suppose you have two limit orders outstanding on two different stocks. The probability that the first limit order executes before the close of trading is 0.65. The probability that the second executes before the close of trading is 0.45. The probability of both executing before the close of trading is 0.30. What is the probability that only one of the two limit orders executes before the close of trading?
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