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:
Total Ratio = 2+4
=6
Striped blankets = 2/6 × 12
= 4 Striped Blankets
Step-by-step explanation:
Can't really explain
The bananas are not an equal number so you would not have the same amount unless you take one out.
N - the number
14 + n = 17 |subtract 14 from both sides
n = 3
