What Is the Output of the Following Code? Char LastInitial $\quad$

question 4

Multiple Choice

What is the output of the following code? char lastInitial = 'A';
Switch (lastInitial)
{
Case 'A':
$\quad$ Cout << "section 1" << endl;
$\quad$ Break;
Case 'B':
$\quad$ Cout << "section 2" << endl;
$\quad$ Break;
Case 'C':
$\quad$ Cout << "section 3" << endl;
$\quad$ Break;
Case 'D':
$\quad$ Cout << "section 4" << endl;
$\quad$ Break;
Default:
$\quad$ Cout << "section 5" << endl;
}

• A) section 1
• B) section 2
• C) section 3
• D) section 5

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Definitions:

Underwrites

The process of assessing and assuming the risk of another party, often used in the context of insurance policies or issuing of securities.

Investment Firm

A company or financial institution that makes investments in securities, real estate, and other investment vehicles on behalf of its clients.

Stock Issue

The process of making new shares available for sale to investors by a company, either through an initial public offering (IPO) or a secondary offering.

Paid-In Capital

Funds received from investors in exchange for ownership shares or stock, representing the capital contributed by shareholders.