Hi there!
Begin by distributing the 5:
5(2x) + 5(-12) = -90
Simplify:
10x - 60 = -90
Add 60 to both sides:
10x = -90 + 60
10x = -30
Divide both sides by 10:
x = -3
We have that
coordinates are
<span>A(12,7), B(12,−3), C(−2,−3), and D(−2,7)
</span>
i use the formula of midpoint <span>between A and B
</span>Xm=(x1+x2)/2 Ym=(y1+y2)/2
A(12,7) B(12,−3)
Xm=(12+12)/2=12
Ym=(7+(-3))/2=2
the point (12,2) <span>is halfway between A and B</span>
Answer: 3.499 now 3.079 is correct
Answer:
The cost of Ningbo Shipping Preferred stock is 12.40%
Step-by-step explanation:
In this question, we are asked to calculate the cost of Ningbo shipping Preferred stock.
To calculate this, we make use of the following mathematical relation;
The cost preferred stock Kp = Annual dividends/ Issued price-Cost of Issuing
From the question, we identify the following;
Issued price = $125
Annual dividend = $15
Cost of Issuing = $4
Inserting these into the formula we have;
Kp = $15/$125 - $4 = 12.40%
This means that Cost of Ningbo shipping preferred stock is 12.40%
