The Number 1

question 1

Multiple Choice

The number 1.5 * 10⁴ can also be written as

• A) 0.00015
• B) 0.0015
• C) 1,500
• D) 15,000
• E) 150,000

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Definitions:

Bankruptcy Claims

Rights to payment held by creditors from a company undergoing bankruptcy proceedings.

Debt/equity Ratio

The proportionality ratio of debt to equity in the context of funding a company's assets.

Optimal Capital Structure

The best mix of debt, equity, and other financial instruments that maximizes a company's value while minimizing its cost of capital.

Increased Benefit

An enhancement or improvement in the terms or amount of an insurance or investment product's payouts.