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iVinArrow [24]
3 years ago
9

You are a financial advisor with a client who purchased 100 shares of stock in a fund with a net asset value of $21.30 and an of

fer price of $21.45. Your client wants to make $20 per share on the stock when it is sold. The client calls you to find out why you have not sold the shares today, because they saw the stock listed with a net asset value of $41.30 and an offer price of $41.45. Explain to your client why you have not sold the shares.​
Mathematics
1 answer:
Hitman42 [59]3 years ago
3 0

Answer:

You followed through on the offer cost of $21.45 per share for your stock, and you can sell it for its net resource estimation of $41.30 per share. That is a benefit of just $19.85 per share, which isn't the $20 per share you need to get.

Step-by-step explanation:

Sorry for the late answer my guy.

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Write the rate and unit rate. 609 kilometers in 7 hours ???​
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Step-by-step explanation:

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shtirl [24]

Answer:

Step-by-step explanation:

The slope of the line in question is the same as the slope of the line parallel to it. Using y = mx + b, where m is the slope, we find the slope of our line is -3.

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What is an equation of the line that passes through the point (1,-3) and is perpendicular to the line x+3y=21
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The linear equation that is perpendicular to the line x+3y=21 is:

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<h3>How to find the equation of the line?</h3>

A general line in the slope-intercept form is written as:

y = m*x + b

Where m is the slope and b is the y-intercept.

Two linear equations are perpendicular if the product between the two slopes is equal to -1.

Rewriting the given line we can get:

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our line is:

y = 3*x + b

To find the value of b, we use the fact that our line passes through (1, - 3)

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The line is y = 3*x - 6

Learn more about linear equations:

brainly.com/question/1884491

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