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What makes for a good imvestment? Use the approximate yield formull or a financial calculator to rank the following investments according to their expected returns.

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What makes for a good imvestment? Use the approximate yield formull or a financial calculator to rank the following investments according to their expected returns. Round the answers to two decimal places. Do not round intermediate calculations. a. BuN a stocie for $45 a share, hold it for 3 years, then sell it for $60 a share (the stock pays annual dividends of 53 a share). b. BuN a secunty for $20, hold it for 3 years, then sell it for $60 (current income on this security is zero). Do not round intermediate calculations. C. Buy a 1-year, 12 percent note for 5940 (assume that the note has a $1,000 par value and thot it will be heid to maturity). Do not round intermediate caiculations

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