The Value of the Cumulative Standardised Normal Distribution at Z

question 183

Multiple Choice

The value of the cumulative standardised normal distribution at Z is 0.8770.The value of Z is

• A) 0.18.
• B) 1.16.
• C) 0.81.
• D) 1.47.

---

Definitions:

Unrealized Loss

A loss that occurs on paper when the current market value of an investment is lower than its cost but has not been actualized through a sale.

Available-For-Sale Securities

Financial assets held by a firm that can be sold in the financial markets, not classified as held-to-maturity or trading securities.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities.

Trading Securities

Financial assets that a firm holds primarily for the purpose of selling them in the short term to profit from price fluctuations.