Solve the application.Recently, a stock split and the value per share increased. The stock was valued at $28 per share 5 days after the stock split and at $63 per share 12 days after the split. The equation
models the relationship between the stock's value, V , in dollars, and the number of days, t , since the stock split. Find the slope and give its meaning.
A. m = -5; During this period, the value of the stock decreased at the rate of $5 per day.
B. m = -3; During this period, the value of the stock decreased at the rate of $3 per day.
C. m = 3; During this period, the value of the stock increased at the rate of $3 per day.
D. m = 5; During this period, the value of the stock increased at the rate of $5 per day.
Answer: D
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