Find the Standard Divisor for the Given Situation There Are 340 Federal Judges to Be Apportioned According to Answer

question 7

Multiple Choice

Find the standard divisor for the given situation. Round your answer to two decimals.
-A small country consists of 7 provinces with the following populations: $$\begin{array} { l l l l l l l l } \hline \text { Province } & \text { A } & \text { B } & \text { C } & \text { D } & \text { E } & \text { F } & \text { G } \\\hline \text { Population } & 25,312 & 19,734 & 33,407 & 29,591 & 13,288 & 22,751 & 31,992 \\\hline\end{array}$$ There are 340 federal judges to be apportioned according to the population of each province. Find the modified quota for province G using the divisor 600.

• A) 52.28
• B) 53.85
• C) 51.97
• D) 53.32

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Definitions:

Bond Issuing

The process by which a borrower (corporate or governmental) raises funds by selling bonds to investors.

Coupon Rate

The interest rate stated on a bond or other fixed-income security, determining the periodic interest payments to the bondholders.

Discount

The reduction applied to the face value of a bond or the lower than market price of an asset.

Par Value

The face value of a bond or stock as stated by the issuing company, which may differ from its market value.