Exhibit 15 -Refer to Exhibit 15

question 13

Multiple Choice

Exhibit 15.2
USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
The table below provides five days of trade data. $$\begin{array}{l}\begin{array} { c c c c c } &\text { Issues }\\\text { Day } & \text { Traded } & \text { Advances } & \text { Declines } & \text { Unchanged } \\\hline 1 & 22456 & 15698 & 6158 & 600 \\2 & 23013 & 14560 & 8210 & 243 \\3 & 23124 & 10324 & 12678 & 122 \\4 & 22678 & 9867 & 11567 & 1244 \\5 & 21897 & 8678 & 12561 & 658\end{array}\end{array}$$
-Refer to Exhibit 15.2. Calculate the final value of the cumulative advance-decline line at the end of the fifth day.

• A)-3,883
• B)9,540
• C)-2,354
• D)13,356
• E)7,953

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Definitions:

Fireproof

A property or material that is resistant to or capable of withstanding damage from fire.

Insured

The individual or entity covered under an insurance policy and protected against specified risks or losses.

Just-In-Time

A management strategy that aligns raw-material orders from suppliers directly with production schedules to reduce inventory costs.

Insurable Interest

A stake or a legal right in the preservation of an item, person, or property that allows an individual or entity to obtain insurance coverage against loss or damage.