GMAT Problem Solving

Home > GMAT Test > GMAT Problem Solving Questions

Next steps

Source: Manhattan

Level: 3

Every trading day, the price of CF Corp stock either goes up by $1 or goes down by $1 with equal likelihood. At the end of 5 trading days, what is the probability that the price of CF Corp stock is up byexactly $3 from its initial price?

  • A
  • B
  • C
  • D
  • E

Show Answer

Previous       Next