The change in the price of the stock is $46.67.
<h3>How to calculate the change in price?</h3>
From the information given, the current price will be:
= Annual dividend / Required rate
= 7/0.1
= $70
The market value of the shares will be:
= 7/6%
= 7/0.06
= $116.67
Therefore, the change in the price of the stock will be:
= $116.67 - $70
= $46.67
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Answer: 12,500 i think idk tho g
Step-by-step explanation: 500 x 2.5= 12.5
Answer:
x≈231.123
Step-by-step explanation:
1) Make a ratio 314/2512= x/1584
2) Use the concept of cross multiplication and get 314*1584=2512x
3) Use Algebra:
314*1584=497,376
497,376/2152=2512x/2152
x≈231.123
