Question
The following question is based on the following information about the stocks of Whitestone REIT, HCC Insurance Holdings, Inc., and SanDisk Corporation. Price ($) WSR
The following question is based on the following information about the stocks of Whitestone REIT, HCC Insurance Holdings, Inc., and SanDisk Corporation.
Price ($)
WSR (WSR Whitestone REIT) $16
HCC (HCC Insurance Holdings, Inc.) $56
SNDK (SanDisk Corporation) $80
Dividend Yield (%)
WSR (WSR Whitestone REIT) 7%
HCC (HCC Insurance Holdings, Inc.) 2%
SNDK (SanDisk Corporation) 2%
You invested a total of $10,400 in shares of the three stocks at the given prices, and expected to earn $248 in annual dividends. If you purchased a total of 200 shares, how many shares of each stock did you purchase?
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