The analyst believes the value of the stock at the end of three weeks will be $134.
<h3>
What are stocks?</h3>
- Stock (also known as capital stock) in finance refers to the shares of ownership in a corporation or company.
- A single share of stock represents fractional ownership of the corporation based on the total number of shares.
- This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from asset liquidation (after discharge of all senior claims such as secured and unsecured debt), or voting power, which are often divided in proportion to the amount of money invested by each stockholder.
To find the value of the stock:
- Because the stock price drops by 28% every week, it will be:
- 100 - 28 = 72% every week.
- So, r = 0.72.
- Then, the equation V = 360(r)∧t will be V = 360(0.72)∧t .
- After 3 weeks, V = 360(0.72)³ = 134.47 = 134
Therefore, the analyst believes the value of the stock at the end of three weeks will be $134.
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The correct question is given below:
To the nearest dollar, what does the analyst believe the value of the stock will be at the end of three weeks? (Note: Disregard the $ sign when gridding your answer.)
Answer:
defendant who, before being served with process, timely returns a waiver need not serve an answer to the complaint until 60 days after the request was sent—or ...
Step-by-step explanation:
Answer:
(0,3) and (7,0) are solutions.
Step-by-step explanation:
In a pair of coordinates, they are always listed as (x,y). Since this is the case, you plug in each coordinate to their respective places.
For (0,3)
3(0) + 7(3) = 21
0 + 21 = 21
For (7,0)
3(7) + 7(0) = 21
21 + 0 = 21
To double check that (1,2) isn't a solution:
3(1) + 7(2) = 21
3 + 14 = 21
17 = 21 X
This doesn't work.
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