3 ms·
The expectation doesn't have to be a certainty for this to make sense. If there is an 0.01% chance of paying $10,000 dividend, or 100% chance of paying $1 divi
by umanwizard 8y ago
The expectation doesn't have to be a certainty for this to make sense.
If there is an 0.01% chance of paying $10,000 dividend, or 100% chance of paying $1 dividend, the expected payout is the same.