What is the difference between 43.68 - 40.67
1 answer:
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Here's the info for f(x): We are going to find the slope of the line and then write the equation for the line using one of the given points. The coordinate points we are given are (0, 0) and (2, 4). Using the slope formula:
gives us a slope equation of:
and the slope is 2. Using the point (0, 0) to write the equation of the line for f(x) looks like this in the slope-intercept form of the equation:
where m is the sloppe of 2 that we found and 
and 
are the coordinates of one of the points. It doesn't matter which one you choose; you will get the same answer whether you use (0, 0) or (2, 4): y-0=2(x-0) Distributing that 2 into the parenthesis and simplifying gives you the equation of y = 2x, or in our function notation, f(x) = 2x. Since f(x) is the first part of g(x), so far for g(x) we have that g(x) = 2x + k. Now we will do the same thing for g(x) that we did for f(x) as far as writing its equation down; we don't need to find the slope cuz the slope of g(x) is the function f(x). The equation for g(x), using the point (0, 2) (again, you could have used either point; I just picked (0, 2) cuz the other one has a decimal in it!): y - 2 = 2(x - 0). Distributing that 2 into the parenthesis gives you this: y - 2 = 2x - 0; y = 2x + 2. So 2 is your k value!
gives us a slope equation of:
Answer:
The current stock price is $65.54
Step-by-step explanation:
Consider the provided information.
The company will then pay a dividend of $15.75 per share 10 years from today and will increase the dividend by 5 percent per year thereafter. If the required return on this stock is 13 percent,
Therefore, the value of next dividend is $15.75, and it will increase with the rate of 5% i.e growth rate = 5% = 0.05
The required rate is 13% = 0.13
Now calculate the stock price for the next 9 yr as shown:
Now calculate the current stock price as shown:
Therefore, the current stock price is $65.54