The RAND() Function in Excel^® Models Which of the Following

question 9

Multiple Choice

The RAND() function in Excel^® models which of the following probability distributions?

• A) Normal(0,1)
• B) Uniform(0,1)
• C) Normal(-1,1)
• D) Uniform(-1,1).

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Definitions:

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with fixed dividends.

Preferred Stock

A class of ownership in a corporation with a higher claim on assets and earnings than common stock, often receiving dividends before common shareholders.

Right To Vote

The entitlement to participate in making a decision by casting a vote, commonly seen in democratic processes and corporate settings.

Dividends In Arrears

Unpaid dividends on cumulative preferred stock that must be paid out before dividends can be issued to common shareholders.