(See Solution) The price of a bond is uniformly distributed between $80 and $85. What is the probability that the bond price will be at least $83? What is
Question: The price of a bond is uniformly distributed between $80 and $85.
- What is the probability that the bond price will be at least $83?
- What is the probability that the bond price will be between $81 to $90?
- Determine the expected price of the bond.
- Compute the standard deviation for the bond price.
Deliverable: Word Document 
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