Multiply the Fractions and Simplify to Lowest Terms

question 148

Short Answer

Multiply the fractions and simplify to lowest terms. Write the answer as an improper fraction when necessary.

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Definitions:

New York Stock Exchange

The world's largest stock exchange by market capitalization, located in New York City, where financial securities are bought and sold.

Merger

The combination of two or more entities into one, typically by offering stockholders of one entity shares in the acquiring company.

Majority Shareholder

An individual or entity that owns more than half of a company's shares, giving them significant control.

Premium

The amount paid for an insurance policy, or an amount paid above the normal cost of something.