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Precalculus
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OpenStudy (anonymous):
A company overvalues its shares by 25 percent. If the quoted price of a share is $300, what is the true and fair price of the share?
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OpenStudy (jdoe0001):
the true fair price will be 25% of 300 :) $$ n\%\ of \ m = \cfrac{n}{100}\times m $$
OpenStudy (jdoe0001):
well, not quite.. the true fair price will be 300 -( 25% of 300)
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