Refer to the Given Map $\frac { 1 } { 8 }$

question 8

Multiple Choice

Refer to the given map. Assume that the length of each east-west block is $\frac { 1 } { 8 }$ mile and the length of each north-southblock is $\frac { 1 } { 4 }$ mile.
-Find the straight-line distance between the bus stop and the library.

• A)1.62 mi
• B)1.35 mi
• C)1.44 mi
• D)1.85 mi

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Definitions:

Shares

Portions of ownership in a corporation or financial asset.

Dutch Auction

An auction model where the price of the item is lowered until it finds a buyer, commonly used for selling financial securities.

Shares

Equities in a corporation or financial asset, these units grant holders a proportional claim on profits via dividends, should they be distributed.

Rights Offering

An economic arrangement allowing existing stockholders the opportunity to buy more shares ahead of the general public, frequently at a reduced price.