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please explain how the points on the graph are calculated in detail as well as the end invest amount of 3179.35 :7-24 The stock brokerage
please explain how the points on the graph are calculated in detail as well as the end invest amount of 3179.35
:7-24 The stock brokerage firm of Blank, Leibowitz, and Weinberger has analyzed and recommended two stocks to an investors' club of college pro- fessors. The professors were interested in factors such as short-term growth, intermediate growth, and dividend rates. The data for each stock are as follows: STOCK ($) TRIMEX LOUISIANA GAS INSULATION AND POWER COMPANY 0.36 0.24 1.67 1.50 FACTOR Short-term growth potential, per dollar invested Intermediate growth potential (over next three years), per dollar invested Dividend rate potential 8% Each member of the club has an investment goal of (1) an appreciation of no less than $720 in the short term, (2) an appreciation of at least $5,000 in the next three years, and (3) a dividend income of at least $200 per year. What is the smallest investment that a professor can make to meet these three goals? boborotocoarch :7-24 The stock brokerage firm of Blank, Leibowitz, and Weinberger has analyzed and recommended two stocks to an investors' club of college pro- fessors. The professors were interested in factors such as short-term growth, intermediate growth, and dividend rates. The data for each stock are as follows: STOCK ($) TRIMEX LOUISIANA GAS INSULATION AND POWER COMPANY 0.36 0.24 1.67 1.50 FACTOR Short-term growth potential, per dollar invested Intermediate growth potential (over next three years), per dollar invested Dividend rate potential 8% Each member of the club has an investment goal of (1) an appreciation of no less than $720 in the short term, (2) an appreciation of at least $5,000 in the next three years, and (3) a dividend income of at least $200 per year. What is the smallest investment that a professor can make to meet these three goals? boborotocoarchStep by Step Solution
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