The Graph Below Is of a Normal Curve

question 17

Multiple Choice

The graph below is of a normal curve. The shaded portion of the graph represents 68 % of the total area under the curve. According to the graph, what is the value of the 99.85^th percentile P_99.85 ?

• A) 35
• B) 47
• C) 53
• D) 59
• E) None of the above.

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Definitions:

Fair Value

The approximate financial worth of an asset or liability, determined by existing prices in a transparent and contestable market.

Fully Amortized

Pertains to a loan or mortgage that has been completely paid off, principal and interest, over its term.

Direct Combination Costs

Expenses directly associated with the execution of a business combination, such as legal fees, consulting fees, and other administrative costs.

Goodwill

An intangible asset representing the future economic benefits arising from assets that are not capable of being individually identified and separately recognized.