A Poker Hand Consists of Five Cards from a Standard

question 102

Multiple Choice

A poker hand consists of five cards from a standard deck of 52. Find the number of different poker hands of four of a kind (all four of one denomination and one of another) . ​

• A)156 hands
• B) 9,984 hands
• C) 52 hands
• D) 2,496 hands
• E) 624 hands

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Definitions:

Trading Securities Portfolio

A collection of securities bought and held primarily for sale in the short term to generate income on short-term price differences.

Fair Value

The estimated price at which an asset can be bought or sold in an orderly transaction between market participants at the valuation date.

Unrealized Gain

An increase in the value of an asset that has not been sold, thus not yet generating actual profit.

Readily Marketable

Items or securities that are readily marketable can be quickly sold in the market without significantly affecting their price.