Examlex
The average time between trades for a high-frequency trading investment firm is 40 seconds. Assume the time between trades is exponentially distributed. What is the probability that the time between trades for a randomly selected trade and the one proceeding it is less than 20 seconds?
Operating Cash Payments
Cash outflows related to the primary revenue-generating activities of a business, such as payments to suppliers and employees.
Patents
Legal grants to inventors that provide them the exclusive rights to use, sell, or manufacture their invention for a certain number of years.
Net Change
The difference between the closing price of a security on the trading day and its closing price on the previous trading day.
Investing Activities
Financial transactions and events related to the acquisition and disposal of long-term assets and investments, as reported in the cash flow statement.
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