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Ann has come to see you to do two different stock transactions. The first transaction is a purchase. Ann has $ 2 5 , 0

Ann has come to see you to do two different stock transactions. The first transaction
is a purchase. Ann has $25,000 and would like to buy as many shares as possible of Telus that she can. Telus shares are currently trading at $35/share. The commission for the purchase is $9. The second transaction is a sale. Ann has owned 200 shares of RBC Stock for 7 years (including this year) and would like to sell all her RBC stock. She purchased the shares at $75 per share. You do not
charge a commission for sales. Please calculate the following:
a) How many shares of Telus will Ann buy? Assume you can buy partial shares.
b) Each year that Ann has owned RBC stock (including this year), it has paid an annual dividend of $2 per share. How much has Ann made in dividend earnings (before tax)
c) Ann sells her RBC shares for $126 per share. How much are her net proceeds from the sale? She did not pay a commission when she bought the shares.

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