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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I like math so i think it's good for me
Using the line of the best fit, the predicted student's score in English test is 48
<h3>How to determine the student's score in English?</h3>
From the question, we have:
Mathematics score = 60
The scores in English tests are plotted on the y-axis.
On the given graph, we have:
(x,y) = (60,48)
This means that when x = 60, the value of y is 48
This in other words means that the student's score in English test is 48
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Answer:
What statement??? I don't see one to re-write.
Step-by-step explanation:
Answer:
no
Step-by-step explanation:
y = 9x − 5
The point (0,0) means x=0 and y=0
Substitute this into the equation and see it is true
0 = 9*0 -5
0 = 0-5
0 = -5
This is not true so the point is not a solution.