How Many Rail Mergers Have Occurred in the Last 30

question 2

Multiple Choice

How many rail mergers have occurred in the last 30 years?

• A) 15
• B) 50
• C) 28
• D) 18

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Definitions:

Call Option

The right, but not the obligation, to buy an underlying asset at a specified strike price within a specified time frame.

Futures Contract

A binding contract to trade a certain commodity or financial asset at a fixed price, with the transaction set to occur on a specified date in the future.

Debt Securities

Financial instruments representing money borrowed that must be repaid, with terms defining the interest rate and maturity date.

Equity Securities

Financial instruments that represent ownership in a company, such as stocks, granting holders a claim on the company's assets and earnings.