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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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  A

Step-by-step explanation:

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If angles are on opposite sides of the transversal, they are <em>exterior</em>.

If angles are in the same direction from the intersection point, they are <em>corresponding</em>.

Angles in opposite directions from the point of intersection are <em>vertical</em> angles.

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2 years ago
1 1/4 + ( 3 2/3 + 5 3/4)
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Step-by-step explanation:

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Write the equation of a line in slope-intercept form with a slope of −13 and a y-intercept of 4 .
frosja888 [35]

Answer:

y = -13x + 4

Step-by-step explanation:

You want to put it in the form y = mx + b where m is the slope and b is the y-intercept (For example, in the equation y = 2x + 3 the slope is 2 and the y-intercept is 3)

Since the slope is -13, m = -13.

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6 0
3 years ago
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One hamburger and one coke cost $3.20. Three hamburgers and one coke cost $8.00. Find the cost of one hamburger.
Varvara68 [4.7K]

Answer:

$0.80

Step-by-step explanation:

-3 (1x + 1y = 3.2)

3x + 1y = 8

----------------

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+

3x + 1 y = 8

-------------------

0x -2y = -1.6

÷ -2

-----------------

y = 0.8

one hamburger costs $0.80

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3 years ago
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