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You invest $70,200 into XYZ stock by paying $58.50 per share. How many shares did you buy? At the end of one year, the stock
You invest $70,200 into XYZ stock by paying $58.50 per share. How many shares did you buy? At the end of one year, the stock is now at $67.85 and paid a $1.10 per share dividend. What is your return on investment for this period? Suppose the price change was over two years but no additional dividend was paid. What is your annual return? 8. You plan to put $45,000 in an investment account today. What will it be worth in 20 years if you invest 1/3 in corporate bonds that pays 4.25 percent per year and 2/3 in corporate stock that earns 8.75 percent per year? 9
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