Business, 12.10.2021 22:30 luckylady

Write a system of equations that can be used to solve the following problem. Then solve the system and determine the answer. Jaafar owns a total of shares of stock, some in stock A and some in stock B. On a particular day, stock A closed at $ per share and stock B closed at $ per share. If Jaafar's stock for these companies was worth $, how many shares of each type of stock does he own? Let x denote the number of shares of stock A that Jaafar owns. Let y denote the number of shares of stock B that Jaafar owns. Write the equation corresponding to the first sentence of the problem statement ("Jaafar owns a total of shares of stock"). The first equation is nothing. Write an equation relating x and y that corresponds to the second and third sentences of the problem statement. The second equation is nothing. Jaafar owns nothing shares of stock A and nothing shares of stock B. g

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 20:30

What do economists mean when they use the latin expression ceteris paribus?

Answers: 3

Answer

Business, 22.06.2019 08:50

Comprehensive illustrative problem: mira's store on february 1 20a4 mica delaman opened astore that sells school supplies her main customer are the students and teachers of happy students school that is situated in front of her store. mira wanted to know the financial position of mira's store. mira knew you were studying accounting. so she asked for . 1. to start her business mira's opened a checking account in the name of mira's store . the statement of account from the bank shows that the checking account has a balance of 31,535 of december 31,20a4

Answers: 2

Answer

Business, 22.06.2019 11:10

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value

Answers: 2

Answer

Business, 22.06.2019 12:10

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note:

Answers: 1

Answer

You know the right answer?

Write a system of equations that can be used to solve the following problem. Then solve the system a...

Questions