It would be c I did all the calculations for it
Group 'em together
a
b
−
a
+
1
−
b
a
b
−
a
=
a
(
b
−
1
)
Notice that there will be a 1 as without it it'll simply be ab
1
−
b
=
1
(
1
−
b
)
Notice that it doesn't match with the upper one... so we'll change the signs
1
(
1
−
b
)
=
−
1
(
b−
1
)
(try to multiply them now!!
Jot them down in one expression
a
(
b
−
1
)
−
1
(
b
−
1
)
You get!!!!!!
(
a
−
1
)
(
b
−
1
)
The first one, the y intercept is -3
Answer:
Option b $2,770.25
Step-by-step explanation
Chyra owned shares of stock, details are :
Name of Fund - CAH Group
NAV - $15.83
Offer Price - $16.27
Chyra redeemed stock = 175 shares
As we know shares can be redeemed on NAV price.
Chyra's proceeds = 175 × 15.83 = $2,770.25
Chyra's proceeds were $2,770.25.
Slope intercept form: y = mx + b
m = slope
b = y-intercept
We are given the slope of 5/3.
We can solve the y-intercept by using the given slope and coordinate:
y = 5/3x + b
5 = 5/3(6) + b
5 = 10 + b
5 - 10 = 10 - 10 + b
-5 = b
Put this into the final equation:
y = 5/3x - 5
Best of Luck!
