A stock analyst plots the price per share of a certain common stock as a function of
Question:
A stock analyst plots the price per share of a certain common stock as a function of time and finds that it can be approximated by the function S(t) = 37 + 6e-0.03t, where t is the time (in years) since the stock was purchased. Find the average price of the stock over the first six years.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (8 reviews)
Use the formula for average value wi...View the full answer
Answered By
Hemstone Ouma
"Hi there! My name is Hemstone Ouma and I am a computer scientist with a strong background in hands-on experience skills such as programming, sofware development and testing to name just a few. I have a degree in computer science from Dedan Kimathi University of Technology and a Masters degree from the University of Nairobi in Business Education. I have spent the past 6 years working in the field, gaining a wide range of skills and knowledge. In my current role as a programmer, I have had the opportunity to work on a variety of projects and have developed a strong understanding of several programming languages such as python, java, C++, C# and Javascript.
In addition to my professional experience, I also have a passion for teaching and helping others to learn. I have experience as a tutor, both in a formal setting and on a one-on-one basis, and have a proven track record of helping students to succeed. I believe that with the right guidance and support, anyone can learn and excel in computer science.
I am excited to bring my skills and experience to a new opportunity and am always looking for ways to make an impact and grow as a professional. I am confident that my hands-on experience as a computer scientist and tutor make me a strong candidate for any role and I am excited to see where my career will take me next.
5.00+
8+ Reviews
22+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
The following frequency distribution shows the price per share of the 30 companies in the Dow Jones Industrial Average (Barron's, February 2, 2009). a. Compute the mean price per share and the...
-
A measure of real interest rates can be approximated by the Treasury Inflation-Indexed Security, or TIIS. Go to the St. Louis Federal Reserve FRED database, and find data on the five-year TIIS (FII5)...
-
A measure of real interest rates can be approximated by the Treasury Inflation-Indexed Security, or TIIS. Go to the St. Louis Federal Reserve FRED database, and find data on the five-year TIIS (FII5)...
-
client with celiac disease asks for a nutrition plan, what should the trainer recommend? Refer to a dietician 3-day food log to prescribe meal plan A templated meal plan Give a breakdown of...
-
Trademark Dilution Articulate an example that would constitute trademark dilution, but not infringement. Can you come up with one that constitutes infringement but not dilution? Copyright Law
-
When auditors determine financial statement materiality for a given audit engagement, they should primarily base their decisions on a. The materiality level used by the companys management for...
-
A parallel-plate capacitor in which the plates are extendable is connected to a battery and charged until there is a charge \(+q\) on one plate and a charge \(-q\) on the other plate. (a) With the...
-
The following balance sheet is presented for J.D.F. Company as of December 31, 2017. During 2018, J.D.F. entered into the following transactions. 1. Made credit sales of $1,350,000 and cash sales of...
-
(08 Marks) In the Fig.1(c), compare the output of the network, if the activation function is a sigmoid 1 function y=- and (X1, X2) (1, 1). 1+e 1+1 AYY Y YC.) B YC. ye D 46 (06 Marks)
-
Find the value of each integral that converges. I x dx
-
Find the area between the graph of the given function and the x-axis over the given interval, if possible. 00 -00 xex dx.
-
What are adjusted taxable gifts, and how do they affect the calculation of a decedent's estate tax?
-
A single error correcting code, Long(6, 3), is designed so that 3 parity check digits are appended to the end of a 3-digit input, using GF(7). The parity check matrix H is given by 1 1 1 H = 1 2 3 1...
-
Cadbury is a UK MNC with affiliates and subsidiaries located internationally. Cadbury's Australian subsidiary sells 3,365 tons of sugar cane extract each year to the Swiss affiliate at a transfer...
-
Consider the closed queueing network of single server queues with exponentially distributed service times, as shown in the figure below. The average service rates of Q1, Q2, and Q3 are respectively,...
-
What is the derivative of f(x) = (2x + 1)2 e4r
-
As an engineer of a mining company in charge of tailings management in particular to ensure the safe storage of tailings. Explain how you would go about solving this problem and the scientific...
-
A plant's production function is Q = 2KL + K . For this production function, MPK = 2L + 1 and MPL = 2K. The price of labor services w is $4 and of capital services r is $5 per unit. a) In the short...
-
On January 1, 2017, McIlroy, Inc., acquired a 60 percent interest in the common stock of Stinson, Inc., for $340,200. Stinson's book value on that date consisted of common stock of $100,000 and...
-
In Exercises 1 through 4, determine where the second derivative of the function is positive and where it is negative. 4 -2 y 12 X
-
In Exercises 1 through 4, specify the intervals on which the derivative of the given function is positive and those on which it is negative. 2 I n x
-
In Exercises 1 through 4, determine where the second derivative of the function is positive and where it is negative. 2 X
-
A bank reports the following items on its latest balance sheet: allowance for loan and lease losses $52 million; undivided profits $62 million; subordinated debt capital $8 million; common stock and...
-
The current price of UCD Inc. is $15 per share; put options and call options on the stock both have a strike price of $15 and are selling for $0.75 per option. Suppose on the expiration date the...
-
Twin Oaks Brewery (TOB) needs to borrow $20 million immediately. It can borrow for three years at a fixed rate of 7.5% or at a floating rate of LIBOR + 40 basis points. Plain vanilla...
Study smarter with the SolutionInn App