Consider the Following Discrete Probability Distribution

question 84

Multiple Choice

Consider the following discrete probability distribution. What is the probability that X is less than 5?

• A) 0.10
• B) 0.15
• C) 0.35
• D) 0.45

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Definitions:

Private Placements

Loans, usually long term in nature, provided directly by a limited number of investors.

Warrants

Financial derivatives that give the holder the right, but not the obligation, to buy or sell a security—most commonly equity—at a predetermined price before a specified date.

Bonds

Fixed income securities that represent a loan from an investor to a borrower, typically corporate or governmental, with terms including the interest rate and repayment date.