If Two Cards Are Selected from a Standard Deck of Playing

question 40

Multiple Choice

If two cards are selected from a standard deck of playing cards, without replacement, what is the probability of getting two face cards? ​

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Definitions:

Securities

Assets signifying either an equity stake in a company listed on the stock market, a debt investment in a government entity or a business, or entitlement to ownership through an option.

Capital Structure

The mix of different forms of capital financing used by a company, including debt, equity, and other financial instruments.

Debt

Amount of money borrowed by one party from another, used by many corporations to grow beyond what they could from earnings alone.

Equity

The value of an ownership interest in property, including shareholders' equity in a corporation, representing assets minus liabilities.