I don’t understand how you worded the question but x=-4 if thats what you are looking for
Answer:
3.5/1
Step-by-step explanation:
y/x
3.5/1
Answer:
The cost of Ningbo Shipping Preferred stock is 12.40%
Step-by-step explanation:
In this question, we are asked to calculate the cost of Ningbo shipping Preferred stock.
To calculate this, we make use of the following mathematical relation;
The cost preferred stock Kp = Annual dividends/ Issued price-Cost of Issuing
From the question, we identify the following;
Issued price = $125
Annual dividend = $15
Cost of Issuing = $4
Inserting these into the formula we have;
Kp = $15/$125 - $4 = 12.40%
This means that Cost of Ningbo shipping preferred stock is 12.40%
Let u=x^3
the original equation becomes: u^2-9u+8=0
factor this quadratic equation: (u-8)(u-1)=0
u=8, or u=1
that means x^3=8 or x^3=1
x=2 x=1
