Given the Following Data,what Would the Root Value Be If

question 7

Multiple Choice

Given the following data,what would the root value be if the tree were transversed as NLR, (Remember the data should be in alphabetical order. )
Dave
Julie
Martha
Adam
Frank
Peter
Norman

• A)Julie
• B)Adam
• C)Martha
• D)Peter
• E)Norman

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Definitions:

Interest Rate Parity

A theory that suggests the difference in interest rates between two countries is equal to the differential between the forward exchange rate and the spot exchange rate.

Nominal Rate

The interest rate before adjustments for inflation; essentially, the face value rate of interest.

Inflation

How fast the general price index for merchandise and services escalates, corroding the purchasing strength.

Spot Rate

The current market price of a currency, security, or commodity available for immediate delivery.