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Financial Planning Exercise 1 Ranking investments by expected returns What makes for a good investment Use the approximate yield formula ora financial calculator to rank

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Financial Planning Exercise 1 Ranking investments by expected returns What makes for a good investment Use the approximate yield formula ora financial calculator to rank the following investments according to their expected returns. Round the answers to two decimal places. Do not round intermediate calculations Bayar stock for $45 a share, hold it for 3 years, and there a fot 975 a there the stock pars annual dividends of 33 share b. Buy a security for $25, hold it for years, and then sell it for $60 (current income on this security is to). Do not found ntermediate calculation Duy alive, 12 percent note for $950 (assume that the note* $1,000 par value and that it will be held to maturty) Do not round intermediate calculation From highest to lowest return, ranking is folli

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