Compute At-Least Probabilities
-Investment in New Issues (The Stock of Newly

Multiple Choice

Compute At-least Probabilities
-Investment in new issues (the stock of newly formed companies) can be both suicidal and rewarding. Suppose that of 300 newly formed companies in 1990 , only 16 appeared to have outstanding prospects. Suppose that you had selected two of these 300 companies back in 1990 . Find the probability that at least one of your companies had outstanding prospects.

A) $0.1039911$
B) $0.3153623$
C) $0.8960089$
D) $0.0506577$