Answer:
4 out of 22 = 4/22
Step-by-step explanation:
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
= $46.67
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Answer:
About 24 months
Step-by-step explanation:
1000-20= 980
980/40= 24.5
If a piece of candy costs .29$ and I have .40$ I will have .11$. Hope it helped
<u>Answer:</u>
- $2,800 = Principle + Interest
<u>Step-by-step explanation:</u>
Using PRT/100, let's find the interest.
- => 2,000 x 8 x 5/100
- => 20 x 8 x 5
- => $800
<u>Conclusion: </u>
Therefore, the interest plus principle is 2,000 + 800, which is $2,800.
Hoped this helped.
