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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Divide the first fraction by 2 you get 4/11
divide the second fraction by 2 you get 6/7
Answer:
Value of Y = 5√2 units
Step-by-step explanation:
Given:
Perpendicular = X
Base = Y
Hypotenuse = 10
Find:
Value of Y
Computation:
Cos θ = Base / Hypotenuse
Cos 45 = Y / 10
1/√2 = Y / 10
Value of Y = 5√2 units
Answer: 8n
Step-by-step explanation: 5n + 3n