Question
You plan to invest in two companies Perfect Paint and Sturdy Steel. Perfect Paint pays a yearly dividend of 4.5% while Sturdy Steel pays 4%.
You plan to invest in two companies Perfect Paint and Sturdy Steel. Perfect Paint pays a yearly dividend of 4.5% while Sturdy Steel pays 4%. If you require that your investment in Perfect Paint be twice as much as your investment in Sturdy Steel and that you want to earn yearly dividends of $832, how much should you invest in each company?
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Derivatives Markets
Authors: Robert McDonald
3rd Edition
978-9332536746, 9789332536746
