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Mini Case You have finally saved $10,000 and are ready co make your first investment. You have the three following alternatives for investing that money:
Mini Case You have finally saved $10,000 and are ready co make your first investment. You have the three following alternatives for investing that money: - Capital Cities ABC, Inc. bonds with a par value of $1,000, that pays an 8.75 percent on its par value in interest, sells for $1,314, and matures in 12 years. - Southwest Bancorp prcferred stock paying a dividend of $2.50 and selling for $25.50. - Emerson Electric common stock selling for $36.75, with a par value of $5. The stock recently paid a $1.32 dividend and the firm's earnings per share has increased from $1.49 to $3.06 in the past five years. The firm expects to grow at the same rate for the foreseeable future
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