If a and B Are Mutually Exclusive Events with PA)

question 98

Multiple Choice

If A and B are mutually exclusive events with PA) = 0.4 and PB) = 0.45, then PA ∪ B) =

• A) 0.00
• B) 0.15
• C) 0.95
• D) 0.2

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Definitions:

Issue Price

The price at which a company's securities, such as bonds or shares, are first sold to the market.

Registered Bonds

Registered bonds are securities that are recorded in the name of the holder on the issuing company's books, ensuring that interest payments are made to the registered owner.

Finance Leases

Leasing agreements that transfer substantially all risks and rewards of ownership of the asset from the lessor to the lessee.

Contractual Agreement

A legally binding contract specifying the terms and conditions under which parties agree to perform certain actions.