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:
The dimension of the base of the Rectangle Pyramid is Length = 10 and Width = 8/3
Step-by-step explanation:
Given
Rectangle Pyramid
Base Length = 3x + 1
Base Width = x
Height = 12
Volume = 96
Required
Dimension of the base of the pyramid
Given that the volume of the pyramid is ⅓ of the base area * the height.
This is represented mathematical as
Volume = ⅓ * base area * height.
Where
Base area = width * length
Base area = (3x + 1) * x
Base area = 3x² + x.
So,
Volume becomes
Volume = ⅓ * (3x² + x) * 12.
Volume = (3x² + x) * 4
Substitute 96 for volume
96 = (3x² + x) * 4
Divide both sides by 4
96/4 = (3x² + x) * 4/4
24 = 3x² + x
Subtract 24 fr both sides
24 - 24 = 3x² + x - 24
0 = 3x² + x - 24
3x² + x - 24 = 0
Expand
3x² + 9x - 8x - 24 = 0
Factorize
3x(x + 3) - 8(x + 3) = 0
(3x - 8)(x + 3) = 0
3x - 8 = 0 or x + 3 = 0
3x = 8 or x = -3
x = 8/3 or x = -3
Recall that
Length = 3x + 1
Width = x
For any of the above expression, x can't be less than 0; so, x = -3 can't be considered.
Substitute x = 8/3
Length = 3x + 1
Length = 3(8/3) + 1
Length = 8 + 1
Length = 9
Width = x
Width = 8/3
Hence, the dimension of the base of the Rectangle Pyramid is Length = 10 and Width = 8/3
The answer is 45 degrease
Answer:
If you were words on a page, you'd be <em>Fine Print.</em>
So let's add variables according to the ratio:
3n + 2n = <span>£80
5n = </span><span>£80
n = 16
3(16):2(16)
48:32
Tom gets </span>£48, and Jerry gets <span>£32</span>
