McKerley Corp. has preferred stock outstanding that will pay an annual dividend of $4.90 per share with the first dividend exactly 10 years from today. If the required return is 3.84 percent, what is the current price of the stock?

360/29

step-by-step explanation:

-22

times both sides by 2, times () by 8, add alile terms, move terms, add alike and caculate divide both sides by 3

30,40,50 is correct answer

isocolese triangle

we know that the line connect a and b is the hyptonuse

so first find the hypotonuse length using the distance formula, call the length c

since it is an isocolese triangle, the lengths of the legs are the same

using pythagorean theorem,

in this case, a=b since isocolese triangle so we get

or

we can find c so we can find the distances

we know that if we draw 2 circles, each has center at a and b, and find where they intersect, we can the 2 possible locations for c

if a has center at (xa,ya) and b has center at (xb,yb), then we can solve where

and

intersect to find where they intersect

i'm not going to put an example because i have to go to class. i hope this explanation is enough