Solve the Equation $\sqrt { 3 y + 10 } = 5$

question 173

Multiple Choice

Solve the equation. $\sqrt { 3 y + 10 } = 5$

• A) y = 6
• B) y = 5
• C) y = 3

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Definitions:

Conversion Price

The predetermined price at which convertible security can be converted into common stock.

Conversion Value

The value of a convertible security if it is converted into a specified number of shares of common stock.

Put Option

A financial contract giving the option buyer the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.

Intrinsic Value

The actual value of a company or an asset based on underlying perceptions of its true value including all aspects of the business.