If a and B Are Independent Events with P(A) = $\cup$

question 115

Multiple Choice

If A and B are independent events with P(A) = 0.4 and P(B) = 0.25, then P(A $\cup$ B) =

• A)0.65
• B)0.55
• C)0.10
• D)Not enough information is given to answer this question.

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Definitions:

Voting Shares

Shares that give the holder the right to vote on matters of corporate policy and the composition of the board of directors.

Business Combination

A transaction or other event in which an acquirer gains control over one or more businesses, which can include mergers, acquisitions, consolidations, and more.

Transaction Costs

Expenses incurred when buying or selling goods, services, or financial assets, including fees, commissions, and other charges.

Issuing Shares

The process by which a company distributes new shares of stock to investors, thereby raising capital.