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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Take an example: The salary per hour:
Assume x (variable) is the number of hours worked and assume THAT THE RATE PER HOUR IS $10, then:
If you work x hours at the hourly rate of$10, you will generate an income,
say, y that is equal the number of hours worked by the rate per hour, that is:
y = 10.x. The more hour(x) you work, the more income(y) you get.
Hence we created a relationship between y and x , or in English, between the earning and the number of hours worked.
Moreover y depends on x, if there is no x, there is no y and if x increases, y increases. However x is an INDEPENDENT variable because you can
give to x any number & y will follow
Answer:
-10xs20 + 9x + 58
Step-by-step explanation:
Answer:
h(x) is the NEGATIVE of g(x)
Step-by-step explanation:
Where are the statements? Please share them next time.
h(x) is the NEGATIVE of g(x): h(x) = -x^2 = -g(x)
Answer:
Each pendant cost $3.30
Step-by-step explanation:
You would subtract $13.20 from $26.20 and get $13.20. You take $13.20 and divide it by 4. You would get $3.30.
