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Question: Gene owns 1,200 shares of XYX


Gene owns 1,200 shares of XYX Corp. The company instituted a 1-for-10 reverse stock split on November 7. The pre-split market price per share was $1.20.
a. How many shares did Gene hold after the split?
b. What was the post-split price per share?
c. Show that the split was a monetary nonevent for Gene.



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> A company is interested in producing and selling a new device called an eyePOD (eyewear personal optical device). The eyePOD is an MP3 and video player built into a pair of sunglasses. The user can listen to music from the small earphones and watch video

> The number of days each licensed driver in Marion County uses a commuter rail line annually is normally distributed with mean 66 and standard deviation 21. Explain why these licensed drivers would not be an appropriate population to take a sample from if

> A company is interested in producing and selling a new device called an eyePOD (eyewear personal optical device). The eyePOD is an MP3 and video player built into a pair of sunglasses. The user can listen to music from the small earphones and watch video

> A company is interested in producing and selling a new device called an eyePOD (eyewear personal optical device). The eyePOD is an MP3 and video player built into a pair of sunglasses. The user can listen to music from the small earphones and watch video

> A company is interested in producing and selling a new device called an eyePOD (eyewear personal optical device). The eyePOD is an MP3 and video player built into a pair of sunglasses. The user can listen to music from the small earphones and watch video

> A company is interested in producing and selling a new device called an eyePOD (eyewear personal optical device). The eyePOD is an MP3 and video player built into a pair of sunglasses. The user can listen to music from the small earphones and watch video

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> Review Example 3. An alternative method for solving Example 3 would have been to use the present value formula from Section 2-8 as shown here: In parts a–h below, write the equations that result when you follow the steps of this formu

> Ravi was driving on an asphalt road with a drag factor of 0.75. His brakes were working at 85% efficiency. He hit the brakes in order to avoid a dog that ran out in front of his car. Two of his tires made skid marks of 36 ft and 45 ft, respectively. What

> A company is interested in producing and selling a new device called an eye POD (eyewear personal optical device). The eye POD is an MP3 and video player built into a pair of sunglasses. The user can listen to music from the small earphones and watch vid

> A company is interested in producing and selling a new device called an eye POD (eyewear personal optical device). The eye POD is an MP3 and video player built into a pair of sunglasses. The user can listen to music from the small earphones and watch vid

> The straight line depreciation equation for a car is 2,680 26,800 52 1 yx . a. How much is the car worth after 48 months? b. How much is the car worth after 75 months? c. Suppose that M represents the length of time in months when the car still has va

> A company is interested in producing and selling a new device called an eye POD (eyewear personal optical device). The eye POD is an MP3 and video player built into a pair of sunglasses. The user can listen to music from the small earphones and watch vid

> A company is interested in producing and selling a new device called an eye POD (eyewear personal optical device). The eye POD is an MP3 and video player built into a pair of sunglasses. The user can listen to music from the small earphones and watch vid

> A company is interested in producing and selling a new device called an eye POD (eyewear personal optical device). The eye POD is an MP3 and video player built into a pair of sunglasses. The user can listen to music from the small earphones and watch vid

> The graph shows supply and demand curves for the newest game controller for the VVV video game system a. What is the equilibrium price? b. What will happen if the price is set at $7.99? c. How many game controllers are demanded at a price of $7.99?

> Zyco Corp pays an annual dividend of $2.10 per share. On Tuesday it closed at $72 per share with a net change of 10.95. The dividend remained at $2.10 for several months. a. What was the yield on Tuesday? Round to the nearest tenth of a percent. b. At

> Aaron owned x shares of a corporation and received an annual dividend of y dollars. Express the quarterly dividend for one share algebraically.

> Bootle Corp paid Leslie a quarterly dividend payment for $828. Leslie owns 450 shares of Bootle. What was the quarterly dividend for one share of Bootle?

> If Geoff makes quarterly deposits of $1,000 into an account that pays 1.4% interest quarterly, how long will it take for his principal to grow to $10,000? Use the future balance of a periodic investment formula from Example 3 to answer the question. Roun

> Deanna purchased $24,000 worth of stock and paid her broker a 1% broker fee. She sold the stock when it increased to $29,100 3 years later and used a discount broker who charged $35 per trade. Compute her net proceeds after the broker fees were taken out

> A local hairstylist bought 450 shares of a cosmetics corporation for $33.50 per share. He sold the shares for $39.01 per share. a. What was the percent increase in the price per share? Round to the nearest tenth of a percent. b. What was the total purch

> Maribel purchased 2,000 shares of stock for $25.43 per share. She sold them for $44.10 per share. Express her capital gain to the nearest tenth of a percent.

> The straight line depreciation equation for a car is 2,750 22,000 52 1 yx . a. What is the car worth after 5 years? b. What is the car worth after 8 years? c. Suppose that A represents a length of time in years when the car still has value. Write an a

> The top three shareholders in a certain corporation each own s shares of stock. The corporation’s ownership is represented by a total of x shares of stock. Express the percent of the corporation owned by the top three shareholders algebraically.

> Millie is considering a zero closing cost loan. She wants to borrow $600,000. Her lending institution is offering her a 3.49% loan for 25 years. She has the option of purchasing negative points, which will increase her APR by 0.125% for each 1% of her pr

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> Calculate the missing amounts in the amortization table, which shows extra payments toward the principal made each month. Paymnet Number Beginning Balance Monthly Payment Extra Towards Towards Ending Balance Рayment Interest Principal 1 $190,000.00

> Michelle took out a $370,000, 30-year, adjustable-rate mortgage with a 2.8% initial 6-month rate. The amortization table for the initial rate period is shown. After the first 6 months, the rate went up 3.4%. Calculate the next line of the amortization ta

> Use the spreadsheets from Sections 7-4 and 7-6 to compare the following two situations after a 7-year period Total amount paid and total amount paid to principal for a $370,000, 20-year monthly rent that has an mortgage with an APR of 4.15% Total a

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> Use the following 25 consecutive days’ closing prices for AT&T to determine linear, quadratic, cubic, and quartic regression equations. What trends do you see? What are your predictions for the closing price on the 26th trading day? Starting

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> Use the candlestick chart to answer the questions below. a. What was the approximate low on June 20? b. What was the approximate high on this date? c. What was the difference between the opening price and the closing price? d. What does the red can

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> The square footage and monthly rental price of 15 similar two-bedroom apartments in Martha’s Cove yield the following linear regression equation: y = 1.137x + 598.98, where x represents the square footage of the apartment and y represents the monthly ren

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> Let x represent the taxpayer’s taxable income and y represent the tax. Express the line of the Schedule D worksheet below as a linear equation in 51 ymxb form. Use interval notation to define the income range on which each of your equat

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