Answer:
y = x + -2.3
x = -y - 2.3 (but why would one need this?...)
Step-by-step explanation:
(6.1 - (-9.7))/(8.4 - (-7.4)) = 15.8/15.8 = 1
6.1 = 8.4 + b
b = -2.3
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Answer:
The cost of Ningbo Shipping Preferred stock is 12.40%
Step-by-step explanation:
In this question, we are asked to calculate the cost of Ningbo shipping Preferred stock.
To calculate this, we make use of the following mathematical relation;
The cost preferred stock Kp = Annual dividends/ Issued price-Cost of Issuing
From the question, we identify the following;
Issued price = $125
Annual dividend = $15
Cost of Issuing = $4
Inserting these into the formula we have;
Kp = $15/$125 - $4 = 12.40%
This means that Cost of Ningbo shipping preferred stock is 12.40%
Yes it does I went on Desmos graphing Calculator and put in the equation and got those answers
4-7x= 39
Subtract 4 from both sides
-7x= 35
Divide both sides by -7
x= -5
The value of x+1= (-5)+1= -4.
