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.
Know more about stocks here:
brainly.com/question/690070
#SPJ4
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:
12.8
Step-by-step explanation:
8 x 1.6 = 12.8
That should be the answer
This is equivalent to:
(2.2533/2.59)(10^8/10^4)
(0.87)(10^4) which is:
0.87X10^4 which is equal to:
0.87X10000 which is equal to:
8.7X1000 and since 1000=10^3 we can say:
8.7X10^3
Answer:
Mieko is correct
Step-by-step explanation:
Given
See attachment for complete question
Required
The length difference
Lengths with dot(s) means, there is at least 1 rose flower of that length.
So, from the attachment, we have:
The difference (d) is:
This gives:
<em>Hence, Mieko is correct</em>
