System of two equations, System of two equations.

System of two equations

Reference no: EM1316179

Question: Assume Bob owns 2,000 shares of Company X and 10,000 shares of Company Y. The total value of Bob's holdings of these two companies is $340,000.

Assume Frank owns 8,000 shares of Company X and 6,000 shares of Company Y. The total value of Frank’s holdings of these two companies is $340,000.

[A] Solve for the value of a share of Company X and Company Y. Show your work so you can get partial credit even if your final answer is wrong.
[B] Make equations for Bob and Frank's holdings. Use the variables X and Y to represent the values of shares of Company X and Company Y.

Reference no: EM1316179

Questions Cloud

Valuation of stock using capm : Valuation of stock using CAPM - Estimate the value of Cargo Point, Inc. stock.

Problem on central limit theorem area under a curve : The manufacturer of a coffee dispensing machine claims the ounces per cup is normally distributed with population mean equal to 8 ounces and standard deviation equal to 0.9 ounces. If 50 cups of coffee were measured, what is the possibility that- ..

Various costs and change in costs : Point out how each of the following would shift the 1) average-variable-cost curve, 2) average-fixed-cost curve, and 3) average-total-cost curve. Mention two types of businesses that their costs are mostly variable costs, and list 2 types of busin..

Find the company''s current stock price : Calculation of required rate of return and valuation of current stock price - Find the company's current stock price?

System of two equations : System of two equations.

What is the probability of the bearings failing : Four wheel bearings have been replaced on a company car. The mechanic has selected 4 bearings from a large supply bin. The mechanic is unaware that 10 percent of the bearings fail within the first 100 miles.

Objective type questions on capital structure and leverages : Objective type questions on Capital Structure and Leverages However the company's CFO does estimate that it will increase the company's earnings per share

Find the equilibrium expected growth rate : Calculation of equilibrium expected growth rate - The dividend is expected to grow at some constant rate, g, forever. Find the equilibrium expected growth rate?

Probability-return for common stocks : Find out the probability that the return for common stocks will be more than 0%.

User Account

All Pages