Given the Following Data Set, What Is the Ranking of the Data

question 60

Multiple Choice

Given the following data set, what is the ranking of the data value 23? Presume that lower data values rank ahead of higher data values.
26, 26, 16, 22, 33, 28, 11, 23

• A) 4
• B) 6
• C) 5
• D) 3

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Definitions:

Loan Indentures

Formal agreements specifying the terms of a bond or loan, including the interest rate, repayment schedule, and other conditions.

Covenants

Clauses in a contract or loan agreement that stipulate certain actions that must be taken or avoided by the borrower.

Dividend Payments

Periodic payments made by a company to its shareholders out of its profits or reserves.

Dividend Payout Ratio

A financial metric that shows the percentage of earnings a company distributes to shareholders in the form of dividends.