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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What your doing is your going to answer how many points or sides the shape has like a squar has 4 corners
Answer:
28%
Step-by-step explanation:
Answer:
120 ft
Step-by-step explanation:
The distance the gravel covers is the total distance times the percentage that the gravel covers
We know the gravel covers 66 ft and the percentage is 55%
distance gravel = total distance * percentage
66 = total distance * 55%
66 = total distance *.55
Divide each side by .55
66/.55 = total distance *.55/.55
120 = total distance
