THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 42

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A sample of 10 observations produces the following summary values:
= 10815.472,
= 72.48 and S² = 28.044
-What is the approximate value of kurtosis?

• A)0.049
• B)1.375
• C)0.221
• D)1.173

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Definitions:

Current Maturities

The portion of long-term debt that is due to be paid within the next year.

Conversion Privileges

Options embedded in financial instruments that allow the holder to change the instrument into another, typically from a bond to stock.

Interest Rates

The percentage of a sum of money charged for its use, determined by the lender and agreed upon by the borrower.

Earnings Per Share

A company's net profit divided by the number of its outstanding shares, indicating how much money each share makes.