1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
A machine produces defective parts with three different probabilities depending on its state of repair. If the machine is in goo
Zina [86]

Answer:

Step-by-step explanation:

Given that a machine produces defective parts with three different probabilities depending on its state of repair.

condition             Good order         Wearing down               Needs main   Total

Prob                       0.8                            0.1                                   0.1              1

Defective               0.02                          0.1                                   0.3

Joint prob              0.016                         0.01                                0.03        0.056

a) 0.016

b) total = 0.056

c) If not defective from needs maintenance

Prob for not defective = 0.8*0.98+0.1*0.9+0.1*0.7\\=0.784+0.09+0.07\\=0.944

From machine that needs maintenance = 0.07

So reqd prob = \frac{0.07}{0.944} \\=0.0741

6 0
3 years ago
Help me !!!!!!!!!!!!!!!!!!!!!!
Sveta_85 [38]

Answer:4/125

Step-by-step explanation:

5 0
3 years ago
An aquarium tank in the shape of a rectangular prism is 56 cm long, 29 cm wide, and 24 cm high. The top of the tank is open, and
kobusy [5.1K]
0 if you add the thickness to the underside of the tank
5 0
3 years ago
Sally is analyzing a circle, y2 + x2 = 9, and a linear function g(x). Will they intersect?
Mamont248 [21]
This ones kinda hard I'm not really sure, but looking at the table, when f(x) = 1, g(x) = 1. So therefore it is yes, and Im guessing you know the negative and positive x coordinates/zero thing, so I think you should be correct. Sorry if this is wrong, not too sure, but hopefully it gives you a better idea.
4 0
3 years ago
Read 2 more answers
Find the midpoint of AC.
Bogdan [553]

Answer:

(0+a)/2 , (0+a)/2

= (a/2, a/2)

Answered by GAUTHMATH

8 0
3 years ago
Other questions:
  • The diagonal of a cube is 28 cm. Identify the length of an edge. Round to the nearest tenth, if necessary. HELP PLEASE!!
    7·1 answer
  • I don’t know what to do
    8·2 answers
  • The table shows the capacity of two football stadiums.if Ben hill griffin stadium has the capacity of 88548 and it is 75% filled
    11·1 answer
  • 1.
    8·2 answers
  • What does it mean to find the discriminant of an equation such as x+18 = -x^2
    10·1 answer
  • Please answer fast on a time test<br><br><br><br><br> 19
    13·2 answers
  • Find the slope of the line passing through the two points.<br>If: <br>(–7, 8), (–4, 3)
    15·1 answer
  • Which function does the graph represent?
    12·1 answer
  • Which statement is true?
    10·1 answer
  • -3(7+6t)<br> Can you tell me the answer
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!