Concept explainers
Stocks An investor announces, “If the value of my portfolio exceeds $100,000 or the price of my stock in Ford Motor Company falls below $50 per share, then I will sell all my shares of Ford stock and I will give the proceeds to the United Way.” Let v represent “The value of my portfolio exceeds $100,000,” p represent “The price of my stock in Ford Motor Company falls below $50 per share,” s represent “I will sell all my shares of Ford stock,” and g represent “I will give the proceeds to the United Way “
(a) Convert the statement into symbols.
(b) Find the truth value of the statement if my portfolio is worth $80,000, Ford Motor stock is at $56 per share, I sell my Ford Motor stock, and I keep the proceeds.
(c) Explain under what circumstances the statement will be true or false.
(d) Find the negation of the statement.
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Finite Mathematics (11th Edition)
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