Answer:
It is not a solution because 9 is not greater than 9.
Step-by-step explanation:
Answer:
There are no values of
y
that make the equation true.
No solution
Step-by-step explanation:
-3*4y + -3*5 = -12y - 15
(repeat 4 times ;-) )
Answer:
XYZ is NOT a good buy.
Step-by-step explanation:
Calculate the market price of stock:
![\frac{Next year's Dividend}{Reqd.return - Growth rate}](https://tex.z-dn.net/?f=%5Cfrac%7BNext%20year%27s%20Dividend%7D%7BReqd.return%20-%20%20Growth%20rate%7D)
![= \frac{(2.4)(1.065)}{0.115-0.065}](https://tex.z-dn.net/?f=%3D%20%5Cfrac%7B%282.4%29%281.065%29%7D%7B0.115-0.065%7D)
![= 51.12](https://tex.z-dn.net/?f=%3D%2051.12)
The Market price of the stock is $51. Therefore, buying the stock at $60 is overpriced and is NOT a good buy.