Answer:
Rebecca does not have a return yet because the stock was not sold since there was a limit order at $33.
However, the value of her investment can be put around $2,400 (100 x $24 average price).
Step-by-step explanation:
Price of Havad Stock bought a year ago = $20
No. of shares = 100
Limit order selling price = $33
Stock prices during the limit order day = $23, $26, and $22
The stock cannot be sold, since its price did not reach $33.
Rebecca's limit order is an order to buy or sell her stock in Havad at $33 or better. Since her order is a sell limit order, it can only be executed at the limit price of $33 or higher. Unfortunately, the price of the stock did not reach the limit order on that particular day. This implies that her limit order is not guaranteed to execute.
If you find the discriminant it will tell you the number and types of roots. The discriminant is the value b^2 -4ac.
a = 1
b = 1
c = 1
1^2 - 4*1*1
1-4 = -3
Since this is a negative number there will be 2 complex roots.
I'm horrible at this so I'm just guessing.
X is the variable and x means multiplication symbol.
X + (X x 3 - 1) + (X x 3 - 1) - 4) <span>≥ 45 is the answer I got.
The answer to that inequality would be
X </span><span>≥ 7 I think.</span>
If she walks both ways then one way = 1/3 mile
