Answer:
option is a 122.76in whole it is correct
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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28(y-1/7)= 28y-4
this deals with reducing fractions to their lowest terms.
3,5 is the answer i belive
