Answer: 170 HES and 90 XOM
Hi! Let's say you bought A HES shares, and B XOM shares. As you invested $22,240, yo have that:
(80 and 96 are the initial prices)
3 months later those prices decreased to 64 and 80, and you sold your shares at those prices, then:
This is a system of two linear equations and two unkowns A, B. You can solve it getting A from first equation:
And then replacing A into the second equation you can find the value of B. Then replacing B in the third equation you get A.
Step-by-step explanation:
equation of the line is
y =mX + C
to calculate m(slope) :
m= 10-2/5-1 = 2
to find C ....Substitute in eq. by one point
2= 2×1+C
C. = 0
So the eq. is
y=2X
Answer:
I would do 1 over 56.
Step-by-step explanation:
The problem said it was equal and that's the only equal problem they have.
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