The investment recommendation for one stock depending on the difference between today’s price and the future varying price per share, x, can be represented by the inequality |x−29.64|≥(0.0725)(29.64) Which statement is true about the plan based on the inequality? Round the answer to the nearest hundredth when necessary.
Answer
A
x is the number of shares.
B
The investor will only sell the stock if the value falls below 27 point 4 9 dollars.
C
The opening price of the stock is 29 point 6 4 dollars.
D
The change in the stock cannot be more than 2 point 1 5 dollars.