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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Answer:
this question is missing something
Hello :
f'(7) = the slope of the tangent line : let A(7,4) B(0,3)<span>
<span>the slope is : (YB - YA)/(XB -XA)= (3-4)/(0-7) = -1/-7 = 1/7=f'(7)
the equation of the tangent line is :
y-3 = 1/7 (x-0)
y = (1/7)x+3
the line tangent and the graph of : f </span></span><span>passes through the point A(7, 4)
x= 7 y=4 so : f(7) =4</span>