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EastWind [94]
2 years ago
12

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

Learn more about stock on:

brainly.com/question/18124452

#SPJ1

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What is the solution for 3/2 = 3/2x - 6/5x
Radda [10]

Answer:

x=5

Step-by-step explanation:

3/2 = 3/2x - 6/5x

Get a common denominator of 10 for the fractions with x

3/2 = 3/2 *5/5 x - 6/5 *2/2 x

3/2 = 15/10x - 12/10x

3/2 = 3/10 x

Multiply each side by 10/3 to isolate x

10/3 * 3/2 = 10/3 * 3/10 x

10/2 = x

5 =x

5 0
3 years ago
How to solve this: a 20 inch flat panel computer monitor is on sale for $ 249.99. it was reduced $ 80.00 from the original price
Vilka [71]
The reduction expressed as a fraction of the original price is
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The reduction in price was about 32%.
3 0
3 years ago
Simplify<br><br> (7r) (-3r^4)
miv72 [106K]

Answer:

-21 r^5

Step-by-step explanation:

(7r) (-3r^4)

Multiply the coefficients

7*(-3)

-21

Multiply the variables

r * r^4 = r^(4+1) = r^5

-21 r^5

7 0
3 years ago
50 POINTS STUCK
hram777 [196]

Answer:

C. 62.8 units

Step-by-step explanation:

Use distance formula or Pythagorean theorem.  

Pythagorean-

6^2+8^2= radius^2

100= radius^2

10= radius

radius= r

Use circumference formula.

C=2pir

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C=62.83

7 0
4 years ago
An athletics club has junior
Brums [2.3K]

Answer:

The total number of members are 128 members

Step-by-step explanation:

From the question, mixing the ratio of children to adult, we have ;

7:9

There are 16 more adult members

So if there are x children, then there are 16 + x adults

Thus, the total number of members will be;

16 + x + x = 2x + 16

Now, we have that;

7/16 * (2x + 16) = x

7(2x + 16) = 16x

14x + 112 = 16x

16x-14x = 112

2x = 112

x = 112/2

x = 56

The total number of members is thus;

2(56) + 16 = 128

6 0
3 years ago
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