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2 years ago

Big Oil, Inc. has a preferred stock outstanding that pays an $7 annual dividend. If

Mathematics

1 answer:

Kruka [31]2 years ago

5 0

The change in the price of the stock is $46.67.

<h3>How to calculate the change in price?</h3>

From the information given, the current price will be:

= Annual dividend / Required rate

= 7/0.1

= $70

The market value of the shares will be:

= 7/6%

= 7/0.06

= $116.67

Therefore, the change in the price of the stock will be:

= $116.67 - $70

= $46.67

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Answer:

$CSA = 660cm^2$ --- Curved Surface Area

$TSA = 968cm^2$ --- Total Surface Area

Step-by-step explanation:

Given

Shape: Cylinder

$h = 15$ -- height

$r = 7$ --- radius

Solving (a): The curved surface area (CSA)

This is calculated as:

$CSA = 2\pi rh$

This gives:

$CSA = 2 * \frac{22}{7} * 7 * 15$

$CSA = 2 * 22* 15$

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Solving (b): The total surface area (TSA)

This is calculated as:

$TSA = 2\pi r(h + r)$

This gives:

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$TSA = 2 * 22 * 22$

$TSA = 968cm^2$

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