Jim owns stock in gamma vision inc. That company announces that it will split its stock with three new shares per two old shares
1 answer:
Option C: 600 shares worth $16.67 each is the correct answer
Step-by-step explanation:
In the share market, a 2 to 3 split(mentioned in the question) means that the share holders get one half of already owned shares and the price of each share declines by one-third.
Given
Jim's shares = s = 400
Price per share =p = $25
First of all we will calculate the new shares:
Let sn be the number of new shares
As explained above
Now the news price will be:
The new number of shares will be 600 and the price of each share will be: $16.67
Hence,
Option C: 600 shares worth $16.67 each is the correct answer
Keywords: Shares, 2-to-3 split
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My work to your question
Answer:
The polynomial is in standard form.
Step-by-step explanation:
Writing the polynomial in standard form means we have to write the terms of the polynomial by descending degree.
- First writing the term with the highest or largest exponent or degree first
- Then writing the terms which have lower degrees/exponents in descending order.
- If there is any constant term in the polynomial, it is always written in the end.
so
Given the polynomial
Here:
- The highest exponent is the 4, so that entire term i.e.
is written first. Here it is also written first.
- Then the next term is the constant term, and constant terms is written in the end. Here, the constant terms is also written in the end.
Therefore, the polynomial is in standard form.