Explanation Given information: OHaganBooks.com stock was selling at $ 100 per share in the beginning and then rising at the rate of $ 0.10 per year. Formula used: Quotient rule of derivative of differentiable functions, f ( x ) and g ( x ) is, d d x [ f ( x ) g ( x ) ] = f ' ( x ) g ( x ) − f ( x ) g ' ( x ) [ g ( x ) ] 2 where, g ( x ) ≠ 0 . Calculation: Assume, P the stock price and E the earnings. The stock price is $ 100 per share and is increasing at the rate of $ 50 per year, So, P = 100 and P ' = 50 Earnings were $ 1 per share which rises to the rate of $ 0

Student Solutions Manual for Waner/Costenoble's Applied Calculus, 7th

7th Edition

ISBN: 9781337291293

Author: Waner, Stefan; Costenoble, Steven

Publisher: Brooks Cole

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Chapter 4, Problem 64RE

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To calculate: The rate at which stock price-to-earning per share (PE) ratio is rising or falling such that OHaganBooks.com stock was selling at $100 per share in the beginning and then rising at the rate of $50 per year. Also, the earnings were $1 per share which rises to the rate of $0.10 per year.

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Chapter 4, Problem 63RE

Chapter 4, Problem 65RE

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Student Solutions Manual for Waner/Costenoble's Applied Calculus, 7th

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The rate at which stock price-to-earning per share ( P E ) ratio is rising or falling such that OHaganBooks.com stock was selling at $ 100 per share in the beginning and then rising at the rate of $ 50 per year. Also, the earnings were $ 1 per share which rises to the rate of $ 0.10 per year.

Solution Summary: The author calculates the rate at which stock price-to-earning per share (PE) ratio is rising or falling.

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To calculate: The rate at which stock price-to-earning per share (PE) ratio is rising or falling such that OHaganBooks.com stock was selling at $100 per share in the beginning and then rising at the rate of $50 per year. Also, the earnings were $1 per share which rises to the rate of $0.10 per year.

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Chapter 4 Solutions