Consider a Collection of 100 Birds Where 20 of Them

question 25

Multiple Choice

Consider a collection of 100 birds where 20 of them are penguins, 25 are ostriches, 15 are hawks, and 40 are doves. Penguins and ostriches are unable to fly, whereas hawks and doves can. If a bird is randomly chosen from this population, what is the probability it will be either a hawk or unable to fly?

• A) 0
• B) 0.20
• C) 0.40
• D) 0.60

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Definitions:

Issuing Firm

A company or entity that offers securities for sale to the public or private investors, often to raise capital.

Bond Market

A financial market where participants can issue new debt, known as the primary market, or buy and sell debt securities, known as the secondary market, primarily in the form of bonds.

Capital

Financial assets or the financial value of assets, such as cash, that can be used by a company to fund its operations and investments.

New Bonds

New bonds refer to debt securities that have been recently issued by a corporate or governmental entity to raise capital for various purposes.