Consider the Following List

question 16

Multiple Choice

Consider the following list. list = {5, 11, 25, 28, 45, 78, 100, 120, 125}; Suppose that binary search as discussed in the book is used to determine whether 110 is in list. Exactly how many key comparisons are executed by binary search?

• A) 3
• B) 5
• C) 8
• D) 12

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Definitions:

Noncash Asset

An asset that is not in the form of cash and can include things like real estate, vehicles, equipment, and intellectual property.

Fair Value

An appraisal of the market value of an asset or liability, reflecting the price it could be sold for or the payment required to assume the liability, within a structured exchange involving market actors.

Nominal Amount

The face value of a bond or other financial instrument, as distinct from its market value or purchase price.

Underwrites

The process of assessing and assuming the risk of another party, often used in the context of insurance policies or issuing of securities.