Solve the Problem $\frac { 2 } { 3 }$ B) $\frac { 1 } { 4 }$

question 165

Multiple Choice

Solve the problem.
-There are 3 balls in a hat; one with the number 1 on it, one with the number 4 on it, and one with The number 7 on it. You pick a ball from the hat at random and then you flip a coin. Using a tree Diagram , obtain the sample space for the experiment. Then, find the probability that the number On the ball is greater than 6.

• A) \(\frac { 2 } { 3 }\)
• B) \(\frac { 1 } { 4 }\)
• C) \(\frac { 1 } { 3 }\)
• D) \(\frac { 1 } { 6 }\)

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Definitions:

Flotation Costs

Costs associated with a company issuing new securities, such as fees for underwriting, legal assistance, and registration.

Cost of Capital

The essential profit rate that companies need to hit on their investments to uphold their value in the market and attract capital.

Capital Budgeting

The process a business undertakes to evaluate and select long-term investments that are consistent with the firm's goal of wealth maximization.