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3- You bought 200 shares of Honda stock at $300 per share. You think it is a good idea to sell your stock once its
3- You bought 200 shares of Honda stock at $300 per share. You think it is a good idea to sell your stock once its market price is quadrupled. If the stock price increases 25% every year, how long will you have to wait before you sell your stock? Also, draw the cash flow diagram. You have been paying $2000 every month for 6 yea rs to a friend of yours who is extremely lazy to find a job. The annual interest rate is 10%. What is the worth of your money after 6 years w a) Annual compounding b) Every-six-months compounding
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