katelyn owns 140 shares of a stock that sells for $39 a share before a 3-for-2 split is announced. After the split, how many sha
1 answer:
Answer: Katelyn will have 210 shares that worth for $26 a share.
Step-by-step explanation:
After a 3-for-2 stock split, Katelyn will have three shares for every two shares you used to own.
Since, Initially, Katelyn owns 140 shares of a stock
Therefore, New number of shares Katelyn has = 140 × 3/2 = 210
And, Since, initially one share cost = $ 39
Therefore, After 3-for-2 stock split, the price of the shares = = 26
Thus, They will worth $26 a share.
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Answer:
the graph corresponds to function "D"
Step-by-step explanation:
Since the graph shown corresponds to an exponential "decay" (the function decreases as we move from left to right), the base of the exponent has to be a number smaller than 1 (one). So we examine the only two options that give such (options C and D which have fractions as the base - 1/3 and 1/5 respectively)
From there, we analyze which of the two functions satisfies the crossing of the y-axis at (0,3) which is clearly shown in the graph:
We study both:
function C at x = 0 gives:
while function D at x = 0 gives:
Therefore, the graph corresponds to function "D"