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Suppose z has a standard normal distribution. Then 16.6% of the possible z values are larger than:
______________
Effective Date
The date on which an agreement, policy, or regulation becomes enforceable or active.
Securities Act Of 1933
A U.S. federal law enacted to ensure transparency and fairness in the issuance of securities, requiring registration and disclosure to protect investors.
Promissory Note
A written, legally binding agreement in which one party promises to pay a defined sum of money to another party under specified conditions.
SEC
The U.S. Securities and Exchange Commission, a government agency responsible for regulating the securities industry and protecting investors.
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