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kicyunya [14]
3 years ago
12

Your broker recommends that you purchase XYZ Inc. at $60. The stock pays a $2.40 dividend which (like its per share earnings) is

expected to grow annually at 6.5 percent. If you want to earn 11.5 percent on your funds, is this a good buy
Mathematics
1 answer:
Kazeer [188]3 years ago
7 0

Answer:

XYZ is NOT a good buy.

Step-by-step explanation:

Calculate the market price of stock:

\frac{Next year's Dividend}{Reqd.return -  Growth rate}

= \frac{(2.4)(1.065)}{0.115-0.065}

= 51.12

The Market price of the stock is $51. Therefore, buying the stock at $60 is overpriced and is NOT a good buy.

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7 0
3 years ago
What is the surface area of this composite solid?______________ square feet 242 319 363 517
jeka57 [31]

Answer:

<h2>The right answer is 415.4 cubic feet.</h2>

Step-by-step explanation:

As you can observe in the image attached, the composite figure is formed by a square prism and a pyramid on top.

We need to find the volum of each part separately.

<h3> Square prism.</h3>

V_{prims}=11 \times 11 \times 2=242 \ ft^{3}

<h3>Square pyramid.</h3>

First, we need to find the height of the pyramid. We already know the height of each triangular face of the pyramid, which divides equally the side.

Let's use Pythagorean's Theorem to find the height of the pyramid.

7^{2}=h^{2} +(5.5)^{2}\\  49-30.25=h^{2}\\ h=\sqrt{18.75} \approx 4.3

The height is 4.3 feet, approximately.

Now, we find the volume of the pyramid

V_{pyramid}=\frac{1}{3}(11 \times 11 \times 4.3) \approx 173.4ft^{3}

The sum of both figures represents the total volume of the composite figure

V_{total}=242+173.4=415.4ft^{3}

Therefore, the right answer is 415.4 cubic feet.

3 0
3 years ago
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Answer:

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Step-by-step explanation:

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Answer:

Its x=-10

Step-by-step explanation:

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the legs of a right triangle are 4 units and 7 units. What is the length of the hypotenuse? Select one: a. square root 33 units
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\bf \textit{using the pythagorean theorem} \\\\ c^2=a^2+b^2\implies c=\sqrt{a^2+b^2} \qquad \begin{cases} c=hypotenuse\\ a=adjacent\\ b=opposite\\ \end{cases} \\\\\\ c=\sqrt{4^2+7^2}\implies c=\sqrt{65}

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