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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39 is A
40 is D
And that is my answer
The answer to the question is b
You are given that 1 inch = 2.54 centimeters, so to convert 12.4 inches to centimeters, you would multiply 12.4 in by 2.54 cm.
