When the lines are parallel, the slopes of these lines are equal.
For a new line,
y = (2/3)x + b.
To find b, we need substitute x and y with values of the point (9,1).
x=9
y=1
1 = (2/3)*9 + b
1 = 6 + b
b=-5
The equation of the line is y = (2/3)x - 5.
Answer:
(D) : Z+7
Step-by-step explanation:
−
1
+
8
}}
z−1+8
+
7
Answer:
0.63 or 63/100
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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