A small computing center has found that the number of jobs submitted per day to its computers has a distribution that is approximately mound-shaped and symmetric, with a mean of 86 jobs and a standard deviation of 12. Where do we expect approximately 95% of the distribution to fall?
A) between 74 and 98 jobs per day B) between 110 and 122 jobs per day
C) between 62 and 110 jobs per day D) between 50 and 122 jobs per day
C
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Which of the following statements is true with respect to a limited partnership?
A. A limited partner may not be an unsecured creditor of the limited partnership. B. A general partner may not also be a limited partner at the same time. C. A general partner may be a secured creditor of the limited partnership. D. A limited partnership can be formed with limited liability for all partners.
Chittenden Enterprises has 643 million shares outstanding. It expects earnings at the end of the year to be $960 million. The firm's equity cost of capital is 9%
Chittenden pays out 30% of its earnings in total: 20% paid out as dividends and 10% used to repurchase shares. If Chittenden's earnings are expected to grow at a constant 3% per year, what is Chittenden's share price? A) $3.74 B) $2.24 C) $7.47 D) $14.94