The Company Financial Officer Was Interested in the Average Cost

question 30

Multiple Choice

The company financial officer was interested in the average cost of PCs that had been purchased in the past six months.She took a random sample of the price of 10 computers,with the following results.
$3,250,$1,127,$2,995,$3,250,$3,445,$3,449,$1,482,$6,120,$3,009,$4,000
What is the 65^th percentile?

• A)$1,446.50
• B)$2,617.00
• C)$3,445.00
• D)$3,587.00
• E)$4,212.00

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Definitions:

Equity-Financed

This refers to the method of funding a business or purchasing assets using primarily equity rather than debt.

Merger Premium

The additional amount that a company pays over the current market value of a target company during an acquisition, reflecting the anticipated synergy value.

Incremental Value

The additional value created by a new investment or project, compared to the scenario without it.

Equity-Financed

A method of raising capital whereby a company issues new shares of stock and receives fresh capital in return but does not incur debt.