3. A group of students were asked if they carry a credit car…

3. A group of students were asked if they carry a credit card. The responses are listed in the table.Class​Credit Card Carrier​Not a Credit Card Carrier​Total​​FreshmanSophomore1226​48​146040​​Total38​62​100​If a student is selected at random, find the probability that he or she carries a credit card, given that the student is a sophomore. Round your answer to three decimal digits if necessary.

On January 1, 2024, BINGO Co. granted 100 million of its $1…

On January 1, 2024, BINGO Co. granted 100 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within four years. The common shares have a market price of $12 per share on the grant date. BINGO Co. expected a 5% forfeiture rate on the restricted shares prior to vesting.   What is the compensation expense in 2024 for the shares granted to executives?

What is the present value of the following cash flow today?…

What is the present value of the following cash flow today? Assume an interest rate of 4%.             Year:                  0             1             2             3            4           5             Cash Flow:      -$800     -$300    +$400     +$600     +$500     +$500