Use the Following to Answer Questions

question 76

Multiple Choice

Use the following to answer questions
This polygon represents a fictional distribution of scores.
Figure: Frequency Polygon
-(Figure: Frequency Polygon) Based on the distribution, how many participants scored 3?

• A) 5
• B) 11.5
• C) 12
• D) 18

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Definitions:

Private Placement

The offering of securities to a relatively small number of select investors as a way of raising capital.

Flotation Costs

Expenses incurred by a company in issuing new stocks or bonds, including underwriting costs, legal fees, and registration fees.

Oversubscription Option

A clause in an offering agreement that allows the issuer to sell more shares than originally planned if the demand exceeds expectations.

Refunds a Debt Issue

The process where an issuer returns investors' capital for a debt instrument before its maturity, often relating to a callable bond or similar financial product.