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In the 3-month period November 1, 2014, through January 31, 2015, Hess Corp. (HES) stock decreased from $80 to $64 per share, and Exxon Mobil
In the 3-month period November 1, 2014, through January 31, 2015, Hess Corp. (HES) stock decreased from $80 to $64 per share, and Exxon Mobil (XOM) stock decreased from $96 to $80 per share. If you invested a total of $22,560 in these stocks at the beginning of November and sold them for $18,400 3 months later, how many shares of each stock did you buy? HES shares XOM shares Need Help? Read It Talk to a Tutor 2. + -12 points WaneFMAC7 4.1.503.XP. My Notes In April 2011, Consolidated Edison (ED) stock cost $50 per share and yielded 5% per year in dividends, while National Grid (NGG) stock cost $50 per share and yielded 6% per year in dividends. If you invested a total of $48,000 in these stocks and earned $2,565 in dividends in a year, how many shares of each stock did you purchase? (Assume the dividend rate was unchanged for the year.) ED shares NGG shares Need Help? Read It Talk to a Tutor Submit Answer Practice Another Version
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