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Suppose A and B are two mutually exclusive events for which P(A)= 0.30 and P(B)= 0.40.
a.Find P(A and B).
b.Find P(A or B).
c.Are A and B independent events? Explain using probabilities.
Share Rights Plan
A defense strategy used by corporations to deter hostile takeovers, allowing existing shareholders the right to purchase additional shares at a discount.
Diversification
The strategy of spreading investments among various financial instruments or sectors to reduce risk.
Synergy
The concept that the value and performance of two companies combined will be greater than the sum of the separate individual parts.
Earnings Per Share
A financial metric that divides net earnings available to common shareholders by the weighted average number of common shares outstanding.
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