What Value of Is Used in Confidence

question 33

Short Answer

What value of is used in confidence interval shown below?

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Definitions:

Stock Price

The value of a single share of a company's stock, representing ownership interest in the company.

Underwriting Spread

The underwriting spread is the difference between the amount underwriters pay to the issuer in a securities offering and the price at which the securities are sold to the public, serving as compensation for the underwriters.

Issue Costs

Costs related to the creation of new securities, encompassing fees for underwriting, legal services, and registration.

Stock Price

Stock price is the amount of money required to purchase a share of a company's stock, fluctuating based on supply, demand, and market sentiment.