The equation of the line is x=2
Answer:
x-6 = -4
Step-by-step explanation:
3x - 8= -2
Add 8 to each side
3x - 8+8= -2+8
3x = 6
Divide by 3
3x/3 = 6/2
x =2
We want to find x-6
2-6 = -4
Answer:
Expected rate of return =7.1% (Approx.)
Step-by-step explanation:
Given:
Current stock price = $50
Divided d = $2
Growth rate g = 5 %
Find:
Expected rate of return
Computation:
Expected rate of return = D(1+g)/Current Price + g
Expected rate of return = [2(1+5%)/50] + 5%
Expected rate of return =7.1% (Approx.)
Answer:

Step-by-step explanation:
Using the formula for the exponential decay that is
, we have N=
,
and k=0.1374.
Thus,
becomes



Taking log on both sides, we get



