How many assumptions are made to find probabilistic event
How many assumptions are made to find a taxi?
Expert
For such problem the evident assumptions to make are:1. Taxi numbers are harshly positive integers2. Numbering starts with 13. No one number is repeated4. Number is not skipped.
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A corporation enters in a five-year interest rate swap along with a swap bank wherein it agrees to pay the swap bank a fixed-rate of 9.75 percent annually on a notional amount of DM15,000,000 and attain LIBOR - ½ percent. As of the second reset date,
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