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For the Given Code Snippet, Which of the Following Statements

question 79

Multiple Choice

For the given code snippet, which of the following statements is true?
Public static double raise(double rate)
{
Double newPayRate = rate * 1.1;
Return newPayRate;
}
Public static void main(String[] args)
{
Double rate = 40.0;
Double newPayRate = 0.0;
NewPayRate = raise(rate) ;
System.out.println("Pay rate: " + newPayRate) ;
}


Definitions:

Press Release

An official statement issued to media outlets providing information on a particular matter or event associated with an organization.

Required Rate

The minimum return an investor expects to achieve for the risk associated with a particular investment.

Annual Dividend

The total dividend payment a company distributes to its shareholders annually, usually derived from its profits.

Constant Dividend

A dividend policy by which a company pays out a fixed amount of dividend per share over time, regardless of the company's earnings fluctuations.

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