Find the Point of Intersection of the Pair of Straight

question 151

Multiple Choice

Find the point of intersection of the pair of straight lines. y = 3x + 8
Y = - 3x + 32

• A) (4, 20)
• B) (5, 19)
• C) (5, 20)
• D) (4, 19)

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Definitions:

Market Price

The present cost at which a service or asset is available for purchase or sale in the open market.

Paid-In Capital

The amount of capital provided by shareholders in exchange for shares of a company's stock.

Stock Split

A corporate action that increases the number of a corporation's outstanding shares by dividing each share, which in turn reduces the price per share.

Market Value

The ongoing value for buying or selling an asset or service in a market setting.