Use the Following Information to Answer the Question

question 42

Multiple Choice

Use the following information to answer the question.
A sediment core is removed from the floor of an inland sea. The sea has been in existence, off and on, throughout the entire time that terrestrial life has existed. Researchers wish to locate and study the terrestrial organisms fossilized in this core. The core is illustrated as a vertical column, with the top of the column representing the most recent strata and the bottom representing the time when land was first colonized by life.

If arrows indicate locations in the column where fossils of a particular type (see key) first appear, then which core in the figure above has the most accurate arrangement of fossils?

• A) core A
• B) core B
• C) core C
• D) core D

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Definitions:

Planning Horizon

The period over which forecasts or plans are made and future cash flows are projected, influencing decision-making processes.

Infinite

Without any limit or end; in mathematics, a concept describing something that has no boundaries in size or number.

Market-Neutral

An investment strategy that seeks to minimize exposure to market risk by taking offsetting long and short positions in different securities.

Long-Short Hedges

This refers to an investment strategy that involves taking long positions in stocks that are expected to increase in value and short positions in stocks expected to decrease in value.