The analyst believes the value of the stock at the end of three weeks will be $134.
<h3>
What are stocks?</h3>
- Stock (also known as capital stock) in finance refers to the shares of ownership in a corporation or company.
- A single share of stock represents fractional ownership of the corporation based on the total number of shares.
- This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from asset liquidation (after discharge of all senior claims such as secured and unsecured debt), or voting power, which are often divided in proportion to the amount of money invested by each stockholder.
To find the value of the stock:
- Because the stock price drops by 28% every week, it will be:
- 100 - 28 = 72% every week.
- So, r = 0.72.
- Then, the equation V = 360(r)∧t will be V = 360(0.72)∧t .
- After 3 weeks, V = 360(0.72)³ = 134.47 = 134
Therefore, the analyst believes the value of the stock at the end of three weeks will be $134.
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The correct question is given below:
To the nearest dollar, what does the analyst believe the value of the stock will be at the end of three weeks? (Note: Disregard the $ sign when gridding your answer.)
Answer:
A line perpendicular to another has a slope that is the negative reciprocal of the slope of the other line. The negative reciprocal of the original line is –2, and is thus the slope of its perpendicular line.
Step-by-step explanation:
Given :
Hight of the van from the ground, h = 3 feet.
The ramp into the van makes a 12° angle with the ground.
To Find :
How long is the ramp.
Solution :
Let, length of ramp is l .
So, height of ramp in terms of length is given by :
Hence, this is the required solution.
Answer:
Part A: 36%
Part B: It is repeating because it is infinite
Step-by-step explanation:
16 / 44 = 0.36363636...
