Arthur and Betty Start Walking Toward Each Other When They

question 478

Short Answer

Arthur and Betty start walking toward each other when they are 100 m apart. Arthur has
a speed of 3.0 m/s and Betty has a speed of 2.0 m/s. How long does it take for them to
meet?

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Definitions:

Stock Split

Issuing of additional shares of stock to stockholders; total par or stated value remains the same.

Par Value

The face value of a bond or stock, representing the amount to be returned to the bondholder at maturity or the value assigned to a share of stock for accounting purposes.

Stock Split

A corporate action to increase the number of shares, reducing the price per share correspondingly without changing the market capitalization.

Par Value

A nominal value given to a security or stock specified by the issuing company, which may not necessarily reflect its actual market value.