Jason and Kerri Consalvo, both in their 50 's, have $41,000 to invest and plan to retire in 10 yoars. They aro considering two investmens. The first is a utility. company common stock that costs \$41 per share and pays dividends of \$1.64 per share per year (a 4% dividend yiold). Note that these dividends will be taxed at the same rates that apply to long-term capital gains. The Consalvos do not expect the value of this stock to incresse. The other investment under considention is a highly rated corporate bond that currently seils for $1,000 and pays annual interest at a rate of 5.0%, or $50.00 por $1,000 invested. Afler 10 years, these bonds will be repaid at par, or $1,000 per $1,000 invested. Assuma that the Consalvos keep the income from their invostments but do not reinwest it (they kisep the cash in a non-interest-bearing bank account). They will, howover, need to pay income taxos on their liwostment income, if they buy the stock, they will soll it affer 10 years. If they buy the bonds, in 10 years they will got back the amount they investod. The Consailvos are in the 35% tax bracke. (Note: The tax rate on dividends for the Consalvos will be 15% and your calculations should ignore the 3.8% tax on investrnent income that was part of the Allordable Care Act. a. How many shares of the stock can the Consalvos buy? b. How much will they receive after taxes each year in divistend income if they buy the stock? c. What is the total amount they would have from their ociginar $41,000 if they purchased the stock and all went as planned? d. How much will they recelve affer taxes each year in interest if they purchase the bonds? e. What is the total amount they would have from their originai $41,000 if they puichased the bonds and all went as planned? 1. Based only on vour calculations and ianoring other risk factors, should they buv tho stock or the bonds? a. The number of shares of the stock that the Consalvos can buy is stares. (Round to the nearest whole numbor.)