Answer: It is not D.
Step-by-step explanation: I got it wrong lol
Year 3 = 2s
Year 2 = 3 + x
Year 1 = x
s = second year
x = first year
2s = 26
s = 13
The second year they made 13 million
13 - 3 = 10
x = 10
They made 10 million the first year.
From the information given, the shares are overpriced by 25%, therefore the shares stand at 125%
We need to find out the price value of 1% share.
125% = 300$
1% = x (where x is the value in dollars of 1% shares)
Simplify the above equation by cross multiplying , so:
125 × x = 300 ×1
125 x = 300
x = 300/125
x= 2.4 $
1% share price is 2.4 dollars. How about the true share price? The true share price is at 100%
100% share price value is 2.4 × 100 = 240
Therefore the true and fair price of the shares is $ 240
The answers would be A, D, E, and F because they all have the same y-intercept, the y-intercept is the second number in the equation
Answer:
<em>would be the mean.</em>
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Step-by-step explanation:
<em>The mean is when you add up the numbers and then divide it by how many numbers there are. </em>
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<em>:)</em>
