Use Properties of Logarithms to Expand the Logarithmic Expression as Much

question 16

Multiple Choice

Use properties of logarithms to expand the logarithmic expression as much as possible. Where possible, evaluate
logarithmic expressions without using a calculator.
- $\log _ { b } \left( y z ^ { 4 } \right)$

• A) \(4 \log _ { b } y z\)
• B) \(\log _ { b } y + \log _ { b } 4 z\)
• C) \(4 \log _ { b } y + 4 \log _ { b } z\)
• D) \(\log _ { b } y + 4 \log _ { b } z\)

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Definitions:

Foreign Currency

The currency of another country, which is required for foreign trade and investment.

Hedge

An investment or action taken to reduce the risk of adverse price movements in an asset.

Exchange Rate Exposure

The potential for a company's profitability, net cash flow, and market value to change because of a change in exchange rates.

Exchange Rate Quotations

The price of one currency in terms of another currency, commonly used in international trade and investment transactions.