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Question:

The probability of there not being enough funds to meet Probalina’s investment requirements given that the tax rate remains unchanged is closest to:

A
0.5.

Explaination

If tax rates remain unchanged at 10%, there is a 0.5 chance that the investment requirements will be met. Therefore, the probability of their not being met equals 1– 0.5 = 0.5 or 50%.

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