Simplify the Numerical Expression $\frac { 625 } { 1,024 }$

question 30

Multiple Choice

Simplify the numerical expression. ( 4 ⁵ 5 ^{- 4} ) ^{- 1}

• A) \(\frac { 625 } { 1,024 }\)
• B) \(\frac { 625 } { 3,125 }\)
• C) \(\frac { 1,024 } { 625 }\)

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Definitions:

Par Value

The nominal or face value of a bond, stock, or coupon as stated by the issuer, which is typically not indicative of its market value.

Stated Value

A nominal value assigned by a company to its issued shares, which may be above or below the market value.

Shares

Units of ownership in a company, typically traded on a stock exchange, representing a portion of the corporate equity.

Treasury Stock

Shares that were issued and later reacquired by the issuing company.