1) One year ago, Tina purchased 200 shares of Addado Companies at a cost of $38.90 a

19. The stock pays quarterly dividends of $.65 per share. Today, Tina sold her shares for

$41.20 per share. How much dividend income did Tina receive as a result of her ownership of

these shares?

1. $130
2. $275
3. $460
4. $520
5. $590

2)

. $1 invested in large company stocks in 1957 would have increased in value to

approximately _____ by 2005.

1. $60
2. $97
3. $492
4. $1,953
5. $13,185

Explainations are required