Answer:
The correct answer is:
Poisson (A.)
Step-by-step explanation:
A Poisson distribution is used to model the number of events occurring within a given time interval, when the average number of times that the event occurs within the time interval is given.
Lambda ( λ ) is a rate parameter in Poisson's distribution, and it is used to represent "event/time", and it simply represents <em>the expected number of events in the interval.</em>
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:
(C.
I THINK-
Step-by-step explanation: